The Traderszone Network

Published in TZ Latest News 16 March, 2016 by The TZ Newswire Staff

US stocks end higher after Fed softens stance

S&P up 0.56%
The S&P is ending the day up 0.56% to 2027.22 and moves further away from the 200 day MA at the 1218 area.   
The Nasdaq composite index rose by 0.75% to 4763.97. It’s 100 day MA remains higher at 4811. The 200 day MA is at 4874. So although ending the day higher, it remains below those key longer term MA.