-
U.S. stocks retreat from record highs, dollar dips
U.S. stocks followed other equities markets lower on Tuesday, with major indexes pulling back from record highs as soft auto sales raised doubts about the U.S. economy, while the dollar fell from an 11-year peak versus a basket of currencies. Investors are awaiting evidence the global economy is improving before adding to equity holdings, analysts said. A stronger-than-expected 2.9 percent rise in German retail sales in January helped lift European shares near seven-year highs, though they later pulled back. Data showed Canada's economy grew more quickly than expected in late 2014 and the Swiss economy slowed less ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Mar 3, 2015 6:19pm Mar 3, 2015 6:19pm
- traderathome
- Joined Mar 2008 | Status: PVSRA with Traderathome | 1621 Comments
- Comment #2
- Quote
- Mar 3, 2015 7:37pm Mar 3, 2015 7:37pm
- RBlackburn
- Joined Dec 2011 | Status: StealingPips | 115 Comments
- Comment #3
- Quote
- Mar 3, 2015 8:32pm Mar 3, 2015 8:32pm
- usdoutlaw
- | Joined Oct 2009 | Status: Member | 78 Comments
hope for the best and expect the worst.