Friday, June 27, 2014

Stock Indexes Move Higher, But Pace Of Breakouts Slows



Investor's Business Daily - Investing RSS http://ift.tt/1qCu8hF Stocks scrambled higher Friday as the annual Russell indexes rebalancing boosted volume. The Nasdaq popped 0.4%, while the S&P 500 added 0.2%. Small caps surged 0.7%. The IBD 50 inched up 0.15%. Volume ran lower most of the day but surged late on Russell index revisions, as funds bought and sold stocks to ensure their index funds match the changes. Although the late volume added artificial excitement, the day's overall tone was quiet. The pace of


No comments:

Post a Comment