Join Over 85,000 Stock, Options, Forex and E-Mini Traders Who Receive FREE Daily Trading Videos!
U.S. markets showed strength for a 2nd-straight session following its worst two-week performance in more than two years. The indexes traded higher throughout the session following some early morning volatility but closed near session highs while pushing short-term resistance levels.
The Dow rallied 1.7% after testing a high of 24,765 and temporarily regaining positive territory for the year.
The S&P 500 soared 1.4% after tapping an intraday high of 2,672 and coming within a point of returning to positive territory for 2018.
The Nasdaq jumped 1.6% after trading to an intraday high of 7,023 while closing just below the 7,000 level. The index is back in positive for the year after closing above 6,903.
The Russell 2000 was slightly weak on the open after testing a low of 1,466 before regaining its footing to push 1,500. The index gained 0.9% but needs to clear 1,535 to get back into positive territory for the year.
TRADE OF THE DAY
— TRENDING NOW—
|
Announcement: “I’m Giving My Money Away”
… about $1,000 cash total… to perfect strangers on the streets of New York City. And he makes every one of them an incredible proposition… one I GUARANTEE you’ve never heard before. Click to see. |
