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Market Wrap-Up for Dec.16 (AU, BTU, SLB, CF, PRU, JOYG, more)

By Dividend.com Staff
December 16th, 2009

market-wrap-up-for-dec-16-au-btu-slb-cf-pru-joyg-more

The markets did the usual volatile Fed-rate decision dance after the the non-move on interest rates. The markets were not able to hold on the early gains, despite positive earnings guidance from companies like Broadcom (BRCM), Adobe Systems (ADBE) and Joy Global (JOYG).

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Disclaimer: Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.