TSP Talk Blog

Stocks struggled for most of the day on Thursday but by late afternoon bulls couldn't stand to go into the close without doing some buying, so we saw a surge into the close with stocks closing at the highs of the day. The Dow was flat mostly weighted down by a 10% loss in IBM, but we saw gains in most of the broader indices. The Transports led on the upside with a 1% gain. Bonds were down again, making ...