Stock Indices Recap - 1/17/2017

January 17, 2017 9:35AM CST

March S&P finished down 60 at 2212.5, 55.7 off the high and -45.7 up from the low. March S&P E-Mini closed down 10.25 at 2262.25. This was 5 up from the low and 8.25 off the high.

The stock market started out under noted pressure today in a move that seemed to be the result of uncertainty from a number of fronts. The market should have drafted some support from much stronger than expected earnings from Morgan Stanley and from news that BAT agreed to buy Reynolds. However, the market seemed to be bracing for the handover of power and perhaps the trade was somewhat fearful of the looming BREXIT.

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