It was unlikely the markets would top yesterday's big gains that saw all three major indexes up over 1.5% by the close of business; wowever, the lack of real retracement on a relatively light news day is a positive sign that the bulls are holding firm. Here's how the indexes finished the trading session:
Gain / Loss | Gain / Loss % | Ending Value | |
---|---|---|---|
Dow Jones Industrial Average |
16.42 | 0.12% | 13,194.10 |
Nasdaq |
0.85 | 0.03% | 3,040.73 |
S&P 500 | (1.67) | (0.12%) | 1,394.28 |
Source: Yahoo! Finance.
The three indexes put in mixed but essentially flat performances. The Dow showed the most resilience thanks to the strong performance of several financial components. Yesterday's stress test results yielded big 6% and 7% pops for JPMorgan Chase
Meanwhile, the Nasdaq also held on to yesterday's gains, helped by Apple
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