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US Indices experience a strong, positive day – TechTrader
FXStreet (Barcelona) - Harry Boxer of The Technical Trader, summarizes the intraday performance of US Indices, noting after gapping up at the start the Dow, S&P 500 and Nasdaq ended the day with gains.
Key Quotes
“The stock market indices had a very, very good session, gapping up at the opening, consolidating in the morning, and running again in the afternoon. Only a late pullback prevented them from finishing with a very sharp gain at the highs for the day.”
“Net on the day, the Dow was up 75.91 at 18,112.61, 48 points off the high. The S&P 500 was up 10.79 at 2106.63, 5 points off the high. The Nasdaq 100 was up 26.88 at 4424.53, 11 points off its high.”
“Advance-declines were 2 to 1 positive on both the New York Stock Exchange and Nasdaq, and 2 to 1 positive on Nasdaq 100. Up/down volume was more than 2 to 1 positive on New York, with total volume of 4 billion shares. Nasdaq traded 1 3/4 billion shares, and had a 2 1/2 to 1 positive volume ratio.”
