Market Wrap Up & Thursday Evening Reads

Federal Reserve Bond Purchase Punch Bowl Party

Stocks fell today on concerns over recent FOMC minutes, where some policy makers indicated the likely end to bond purchases ($85B per month) sometime in mid 2013. Watch for the December nonfarm payrolls number to be released at 8:30 AM ET tomorrow.

  • DJIA closed at 13,391.40, down 0.16%
  • S&P 500 closed at 1,459.37, down 0.21%
  • NASDAQ closed at 3,100.57, down 0.38%
  • GOLD: 1,674.60, down 0.84%
  • OIL (WTI): 92.92, down 0.21%
  • U.S. 10-YEAR: 1.908% +0.071

 

Top Articles from Today:

The Fed isn’t very bullish on ’13, and five other takeaways from the new minutes – WaPo
The Political Economy of 2013 – Project Syndicate
The four business gangs that run the US – SMH
Crony Capitalist Blowout – WSJ
Revealed: how the FBI coordinated the crackdown on Occupy - Guardian

 

 

[Photo: tymesynk/Flickr]