Stock market bulls dominated for the second consecutive day this week sending shares up higher. Shares spiked higher on reports from Shanghai that Chicago Fed Chief Evans insured rates will maintain an "accommodative" rate for 6 months. Existing Home Sales exceeded expectations for the day as computer chip demand grew and sent tech stops upward.
The Dow Jones Industrial average made three figure gains up, 102.94 points to 10888.83. The tech laden Nasdaq also did well on computer news surging 19.84 to 2415.24 while the S&P 500 tacked on 8.36 points to 1174.17.
About EQUITIES:
Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.
Sign up for a free one-year subscription