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No Way! Dow Gains 100 Points, S&P 500 Hits New High
The S&P 500 advanced 0.1% to 2751.29, its sixth consecutive record high, equaling 1964 for the longest streak of records to start the year. The Nasdaq Composite ticked up 0.1% to 7163.58, its sixth consecutive all-time high, equaling its record from 1992 and 1999. Cornerstone Macro's Carter Worth notes that when the first five days of the year are positive for the S&P 500, the index finished the month of January in positive territory 73% of the time.
http://finance.yahoo.com/r/84d08c9c...od=yahoobarrons&ru=yahoo&yptr=yahoo&.tsrc=rss
The S&P 500 advanced 0.1% to 2751.29, its sixth consecutive record high, equaling 1964 for the longest streak of records to start the year. The Nasdaq Composite ticked up 0.1% to 7163.58, its sixth consecutive all-time high, equaling its record from 1992 and 1999. Cornerstone Macro's Carter Worth notes that when the first five days of the year are positive for the S&P 500, the index finished the month of January in positive territory 73% of the time.
http://finance.yahoo.com/r/84d08c9c...od=yahoobarrons&ru=yahoo&yptr=yahoo&.tsrc=rss
