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Market Update

Author: David J. Kosmider (info)
Website: http://eidoan.com/
Posted: November 15th, 2006 at 5:45 pm EST
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The markets spent most of the moving steadily higher again today. Two major events were the Federal Reserve’s minutes being released, which shows that they’re still worried about inflation, and an $8 billion bid from US Airways Group Inc. for Delta Air Lines Inc. the major stock indexes showed strong gains until around 2:00 PM EST, then there was a slight pullback until the end of trading. Gold, and Oil both also traded higher today.

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