We think today's SQ is not a critical one. |
We've got a firmer New York market and a weak yen to support exporters, |
We've got a firmer New York market and a weak yen to support exporters. |
We've had earnings from some high tech firms that came in better than expected, and investors want to see if the same will hold true for companies tied to the domestic economy (such as steel makers). |
With the current currency level, it is really tough for investors to buy tech shares. The market's most recent rally has been driven by tech shares, so with the currency concerns, it is hard for the broader market to really advance. |