12-02-2016 21:31 via rocketnews.com

Wall Street Weekahead – Late-day buying could be start of turnaround

By Chuck MikolajczakNEW YORK (Reuters) – As U.S. stocks continue to struggle in 2016, equities are showing some signs selling pressure may be reaching an end.The S&P 500 <.SPX> is down about 13 percent from its record high in May, as oil remains mired below $30 a barrel, while concerns about stability among banks and uncertainty about the U.S. Federal Reserve’s path of rate hikes have pushed investors away from risk assets.But recent trading action on an intraday basis sugg
Read more »