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Dow Jones Industrials Hits Record High; S&P 500 Not Far Behind
[at Barrons.com] - Just when we were getting accustomed to the S&P 500 getting to hit all the new record highs, here comes the Dow Jones Industrial Average, hitting a new record high of its own. The Dow Jones Industrial Average gained 0.7% to 15,746.88--its 33rd this year, tying it with the S&P 500--led higher by Microsoft's (MSFT) 4.2% gain, UnitedHealth Group's (UNH) 2.3% rise and Chevron's (CVX) 2.3% advance. Only three Dow stocks finished in the red today, including Nike (NKE), which dropped 0.6%, and the Home Depot (HD), which fell 0.3%. Ned Davis Research's Ned Davis looks for reasons to be bearish and finds a few: The weight of the indicator evidence continues to lean bullish.
http://us.rd.yahoo.com/finance/exte...500-not-far-behind/?mod=yahoobarrons&ru=yahoo
[at Barrons.com] - Just when we were getting accustomed to the S&P 500 getting to hit all the new record highs, here comes the Dow Jones Industrial Average, hitting a new record high of its own. The Dow Jones Industrial Average gained 0.7% to 15,746.88--its 33rd this year, tying it with the S&P 500--led higher by Microsoft's (MSFT) 4.2% gain, UnitedHealth Group's (UNH) 2.3% rise and Chevron's (CVX) 2.3% advance. Only three Dow stocks finished in the red today, including Nike (NKE), which dropped 0.6%, and the Home Depot (HD), which fell 0.3%. Ned Davis Research's Ned Davis looks for reasons to be bearish and finds a few: The weight of the indicator evidence continues to lean bullish.
http://us.rd.yahoo.com/finance/exte...500-not-far-behind/?mod=yahoobarrons&ru=yahoo
