Daily Market Update for 3/16

new surprises today, but the initial reaction caused a dip in indexes that reversed into a late after rally higher. Chinese stocks took off after the government pledged to support the stock market and not penalize companies with foreign listings.

Daily Market Update for 3/15

Oil prices dropped below 99. 01 and the Producer Price Index indicated some relief on inflation , giving some assurance to investors that the Fed might not get too hawkish with interest rate hikes. That helped markets bounce to the upside on Tuesday.