U.S. stocks were little changed on Tuesday, either because traders and investors were already leaving to start the Thanksgiving holiday or because today’s economic reports provided little in the way of direction. [Read more...]
The Dow, S&P 500 and NASDAQ all hit new highs on Monday, all-time highs in the case of the Dow and S&P 500 and a 14½-year high for NASDAQ. The Dow’s gain was a skimpy eight points or 0.04%, but for the S&P 500 (+0.3%) and especially for NASDAQ (+0.9%), Monday’s gains were a good deal more substantial.
We continue to get more new highs in U.S. stocks, as the market seems to want to be a bull market. Europe’s markets enjoyed the best relative performance in some time last week, with the ECB (and PBOC) promising market friendly monetary policies. Follow the link below to our weekly commentary and market performance tables.