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Today's Commentary
 
Thursday, May 28, 2015


The Dow Jones Industrial Average (DJIA) was in the red most of the day, eventually settling on a loss -- and snapping its weekly win streak. By contrast, the S&P 500 Index (SPX) and Nasdaq Composite (COMP) mustered week-over-week gains. Capturing the attention of traders ahead of the holiday weekend was Fed Chair Janet Yellen's afternoon speech, in which she reiterated that a 2015 interest-rate hike is likely, albeit data-dependent.

The Street also digested a slight uptick in the consumer price index (CPI), as well as a strengthening greenback.

 
  


 
 
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