Traders More Interested in World Cup Than Iraq Violence

Now watching

Next video starts in : 7 Play

Traders More Interested in World Cup Than Iraq Violence

Traders More Interested in World Cup Than Iraq Violence
Replay video
Up next

Facts You Should Know About Taking a Summer Vacation in 2015

Unlock your personal NFL Now stream by signing in to NFL.com

Traders More Interested in World Cup Than Iraq Violence

by TheStreet 3:26 mins

Traders More Interested in World Cup Than Iraq Violence

by TheStreet 3:26 mins

Stocks are stuck in neutral as traders seem more focused on the World Cup than they are on the civil war in Iraq. Jason Weisberg of Seaport Securities said that very few expect the Federal Reserve to change rates or do anything beyond minor trimming in the asset purchases. He also noted that in the past an event like the one we're seeing today in Iraq would have had a direct impact on stocks. Not even huge global events have had an impact on the stalled market. Jason did note that the neutral position has helped buyers with a longer horizon as opposed to day traders who need volatility.

TheStreet

Personal Finance

  1. 2:22

    How this woman tracked down her identity thief

  2. 2:23

    3 strategies that can help simplify your life

  3. 2:14

    Would you give your dog your kidney?

  4. 2:14

    5 unique summer jobs that pay great

  5. 1:03

    Money Minute: What employers are really looking for

  6. 2:31

    CEO cashes out to become a farmer

Market Movers

Market Movers