Stock subdued as wait for Washington continues

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The Dow Jones industrial average was up nearly 0.2%. The S&P 500 and the Nasdaq both added about 0.1%. The tepid trading came as investors returned from the Christmas holiday. U.S. markets were closed Tuesday and Monday was an abbreviated trading day. Market bulls have pulled in their horns as President Obama and Congress have been unable to agree on a plan to avert tax hikes and spending cuts from kicking in automatically on Jan. 1. The bears have become increasingly convinced that Washington will fail to resolve a self-inflicted crisis that could tip the economy into recession. Those in the middle are betting on a short-term compromise that prevents the worst and delays more difficult decisions to later in the year. "Any kind of deal will be good for the market," said Ryan Larson, head of U.S. equity trading for RBC Global Asset Management.
People:
Obama
Overall Sentiment: -0.213002
Relevance: 0.903493
Shinzo Abe
Overall Sentiment: 0.16292
Relevance: 0.669581
Ryan Larson
Overall Sentiment: 0.360864
Relevance: 0.492491
| Sentiment | Quote |
|---|---|
| 0.132163 | "Any kind of deal will be good for the market," said Ryan Larson, ... |
| 0.0947058 | "Any kind of deal will be good for the market," said Ryan Larson, head of U.S. equity trading for RBC Global Asset Management. "Whether a full deal is reached or they kick the can down the road, the market will be happy." |
| Sentiment Stats: |
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Key:
- Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
- The Mean is meant to be an indicator of an individual's average comment sentiment.
- The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).
Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.
Additional Info:
FieldTerminology: weak retail sales
Overall Sentiment: 0.226562
Relevance: 0.71408
FinancialMarketIndex: Dow Jones industrial average
Overall Sentiment: 0
Relevance: 0.649004
FinancialMarketIndex: S&P 500
Overall Sentiment: 0
Relevance: 0.609919
FinancialMarketIndex: Nikkei index
Overall Sentiment: 0.128155
Relevance: 0.525432
FinancialMarketIndex: Nasdaq
Overall Sentiment: 0
Relevance: 0.463986
City: Washington
Overall Sentiment: -0.10474
Relevance: 0.652211
City: Hong Kong
Overall Sentiment: 0
Relevance: 0.507149
City: Shanghai
Overall Sentiment: 0
Relevance: 0.479748
Country: U.S.
Overall Sentiment: 0.0825272
Relevance: 0.622079
Country: Japan
Overall Sentiment: 0.0944037
Relevance: 0.449407
Holiday: Christmas
Overall Sentiment: -0.0451367
Relevance: 0.699652
Holiday: Boxing Day
Overall Sentiment: 0
Relevance: 0.523927
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