Wall Street Week Ahead: Torn between bulls and bears

(Reuters) - Monday morning will be decision time for traders and investors: Should they buy or sell after Friday's steep decline that pushed the S&P 500 below its 200-day moving average?


While comments out of Europe over the weekend point to signs of a more urgent push for a fiscal union the euro zone, that may be not enough for the market that just saw the Dow turn negative for the year and the S&P 500 dip below the critical 200-day moving average for the first time since December - a level that many technical analysts view as a harbinger of more selling.


In electronic trading on Sunday, S&P 500 futures fell 0.9 point, suggesting a slight dip at the open on Monday morning.

 

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