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Today's Commentary
 
Sunday, September 21, 2014


The Dow Jones Industrial Average (DJI) continued its ascent yesterday -- hitting a record high for the third straight session, and finishing above the 17,200 level for the first time ever -- as investors cheered the Federal Open Market Committee's (FOMC) decision yesterday to maintain low interest rates for a "considerable time."

The S&P 500 Index (SPX) followed suit, topping out at an all-time peak of 2,012.34, and closing above the critical double-millennium mark for a second straight day.

Looking ahead, traders are eagerly awaiting Alibaba Group Holding Ltd's (NYSE:BABA) public debut, scheduled for today, 
  


 
 
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