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Moving the Market

Briefing.com - LIVE market analysis Market Summary  | Stocks On The Move
5/20/2013 1:00 PM ET
[BRIEFING.COM]

[BRIEFING.COM] The stock market took a turn lower, albeit a slight one, at the start of trading, but it soon got back in gear when buyers once again prevented sellers from gaining any traction.  The end result is that the major averages,...

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  • 1:10 PM   With borrowers racing to market before demand dries up or interest rates rise, corporate bond (LQD) sales this month are on pacefor their busiest May ever, according to Bloomberg. The previous record of $162.6B was hit in 2008. Warnings from Buffett and Gross about the likelihood of higher rates are ignored as "investors have cash to spend yet fewer alternatives to buy," writes a Morgan Stanley team.
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