Stocks were higher for the third-consecutive
session Tuesday, with the S&P and Nasdaq trading above key levels,
as investors bet on more stimulus from central banks to bolster the
global economy.
Major U.S. Indexes
The Dow Jones Industrial Average rallied almost 100 points, led by Cisco [CSCO
17.188
0.498
(+2.98%)
] and JPMorgan [JPM
37.155
0.855
(+2.36%)
], looking to log its third-straight rally. The blue-chip index has rallied nearly 8 percent this year and is currently less than 100 points away from closing at a 4.5-year high. (Read More: Dow Rally Likely to Hit Barrier at 13,500?)
0.498
(+2.98%)
] and JPMorgan [JPM
37.155
0.855
(+2.36%)
], looking to log its third-straight rally. The blue-chip index has rallied nearly 8 percent this year and is currently less than 100 points away from closing at a 4.5-year high. (Read More: Dow Rally Likely to Hit Barrier at 13,500?)
The S&P 500 jumped above 1,400, while the Nasdaq topped 3,000. The CBOE Volatility Index, widely considered the best gauge of fear in the market, slipped near 15.
Most S&P sectors were in positive territory, led by energy and financials, while defensive sectors such as utilities and telecoms were in the red.
Read more: http://www.cnbc.com/id/48547326
No comments:
Post a Comment