Reply #33: 1:50 - popup in both markets

[mrsteve]

In the last 45 minutes, a quick rise:

Dow 9,927.35 +64.67 (+0.66%)
Nasdaq 1,936.88 -0.94 (-0.05%)
S&P 500 1,064.64 +3.14 (+0.30%)
10-Yr Bond 4.275% +0.060

Yahoo Fi says they are worried about interests rates at tomorrow's Fed meeting, and that is making the markets hesitant:

Yahoo Fi Updates:
"1:30PM: The Dow has set a new session high since the last update, while the Nasdaq and the S&P 500 have also improved their standing a bit... With the major averages trading within reach of their 52-week highs, the market maintains its hesitancy ahead of tomorrow's FOMC meeting... It's widely expected that the Fed rate will be left at its current level of 1%, but the market is likely to pay an exaggerated amount of attention to the directive and to whether the committee will elect to drop its promise of an accommodative policy "for a considerable period of time"...
The market's hesitancy is reflected in today's volume, which is running at its lowest level in at least three weeks, with 630 mln and 910 mln shares traded on the NYSE and the Nasdaq, respectively, up to this point... Breadth figures are mixed, with advancers leading decliners on the NYSE, but the opposite being true on the Nasdaq... Down volume is outpacing up volume on both exchanges..."