Today In the Markets – Tue 05/16

THE GIST (“THE WHAT”) Debt ceiling stalemate ahead of a looming deadline continued to weigh down on the broader market sentiment. Trading sideways in a tight range for most part of the session, the S&P 500 index closed the choppy session at day’s lows at 4109.89, down 26.38 points (-0.64%). Note: Our daily “S&P 500 Trading (more…)