Forget what I said earlier about the Dow Jones Industrial Average heading for its first loss after six days of gains. All the major indexes finished higher today, although there was a flip in relative performance.
The S&P 500 rose 0.8{d9c4d960ee45891fbf714ed8da589b701a1be4efa840b87811584c6b796cb03f} to 2,180.39 today, snapping a two day losing streak. The Dow Jones Industrial Average advanced 54.37 points, or 0.5{d9c4d960ee45891fbf714ed8da589b701a1be4efa840b87811584c6b796cb03f}, to 18,923.06, a new record higher after a seventh day of gains. The Nasdaq Composite gained 1.1{d9c4d960ee45891fbf714ed8da589b701a1be4efa840b87811584c6b796cb03f} to 5,275.62.
JPMorgan technical analysts Jason Hunter and Alix Tepper see the S&P 500 heading higher but aren’t sure which sectors will do the leading:
SOURCE: Stocks to Watch – Read entire story here.
