It was more of a battle today but the bulls came out ahead. Newsflow was quiet today -- one of the quietest days of the year -- and that allowed the momentum trade to continue to tick higher. Big winners were in megacap tech and the usual retail-driven tech stocks while some biotech stocks were hit by selling.
S&P 500 +0.1%Nasdaq Comp +0.7%Russell 2000 -0.8%DJIA -0.2%As you can see there some divergence is creeping in but given the magnitude of recent moves, this was small potatoes. Tomorrow we get retail sales numbers and that could get things moving.
Here is a glance at some of the winners and losers on the Nasdaq.
This article was written by Adam Button at www.forexlive.com.Hence then, the article about at the close tech leads as us stocks climb again was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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