Tuesday, December 8, 2009

Market Notes - December 8, 2009

U.S. stocks were headed for a lower start, pressured by lower international markets. Stocks ended mixed after a choppy session yesterday as investors weighed a stronger dollar, falling oil and gold prices, and comments from Fed Chairman Ben Bernanke that suggested rates would probably remain low for a long period.

The economic calendar is very light today, with only a few secondary reports being released. President Obama’s speech on jobs and the economy will likely gather the most attention today.