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The algos, or rather the math geeks that program the algos for the likes of Getco, Goldman, Citadel, Renaissance, and a handful of other banks/hedge funds/HFT outfits that can trade at the speed of light, appear to be a bit confused at the moment. On Thursday, the S&P 500 (NYSE: SPY)... Read More... Don't Miss Any Updates! News Directly in Your Inbox Subscribe to:
Of the internal conflict in syria. so playing down, not saying it was an attack from syria into israel, saying it was sort of a misfire or something. but very interesting. we'll keep an eye on that. >> is the problem, these miss understanding, you don't want people to react to things that are not even correct. we'll keep a close eye on that breaking news. >> yes, that just crossed. >> will friday's stock market really last? that's the million dollar questions.
Joe." now to business. nearly a week long battering on wall street ended up on friday. it cannot overcome the biggest weekly loss since january. we are joined live from london. steve, will friday's momentum carry over into this week? >> i don't know. european markets are up at the moment but i've got to say it's a wait and see mode. you mentioned the dropping last week. 2.2% lower for the s&p and the dow as well. it's all about jobs. we're looking ahead already to wednesday's private sector jobs figures and friday's payroll figures. the average earnings could be a key to higher interest rate...