With Little Reason to Extend Rally, Wall Street Dips

wochit business
August 06, 2013 AT 10:50 AM
Trading volume has been muted, marking the lightest full-day action of the year, a sign that market participants are largely holding pat near historic levels. Investor focus on Federal Reserve has receded after last week's bearish payroll report suggested the Fed would not ease its monetary stimulus soon, while most of the bellwether companies have already reported.