Equities continue to roar higher, ending the first trading week of the New Year with all major averages hitting record highs. The Dow, after crossing 25,000 yesterday did nothing but expound upon the rally that has been in place for the last 14 months. At the closing bell, the Dow Industrial Average is eyeing 26,000…
And the beat goes on… with the three major indices surging above high water mark levels in 2018. The Dow was the last major index to seek out and conquer a whole number as it marched above 25,000 in yesterday’s trade. The S&P 500 rose 10.93 points, or 0.4%, to close at 2,723.99. The Nasdaq…
With the S&P 500 clearing the 2,700 level and the Nasdaq clearing the 7,000 level there is but one more milestone to have been achieved. That milestone achievement will come from the Dow Industrials clearing or touching the 25,000 level. Ahead of this likely accomplishment we expect to see some key components of economic data…
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Autos, no autos, as sales for the big three U.S. automakers came in today! General Motors Co. said December sales slipped 3.3%, to 308,539 vehicles. The nation’s largest auto maker posted solid gains in pickup trucks and crossover SUVs—among its most profitable products—and posted record sales for the year in both categories. Analysts were pleased…
The major indices got off to a strong start in the New Year yesterday with all three major averages climbing to record levels with five of the 11 primary S&P 500 sectors gaining more than 1% on the day. Both the S&P 500 and the Nasdaq hit intraday records in the final minutes of trading.…...
