Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

The Closing Bell: Wall Street Rally Fueled by Gains In Energy Stocks: Utilities Only Sector Down

FYI: U.S. stocks marched higher Wednesday, driven by gains in energy and financial shares.

Major indexes have advanced since last Thursday, with the Dow industrials and S&P 500 rising more than 2% in that period. The move higher has come as oil prices approach $50 a barrel and investors appear more comfortable with the prospect of higher interest rates as early as this summer.
Regards,
Ted
WSJ:
http://www.wsj.com/articles/stocks-rise-on-higher-oil-price-greek-debt-relief-deal-1464162811

Bloomberg:
http://www.bloomberg.com/news/articles/2016-05-24/futures-signal-rebound-in-asia-as-fed-sentiment-turns-oil-jumps

Reuters:
http://www.reuters.com/article/us-usa-stocks-idUSKCN0YG1IH

MarketWatch:
http://www.marketwatch.com/story/dow-futures-show-blue-chips-poised-to-build-on-huge-rally-2016-05-25/print

USA Today:
http://www.usatoday.com/story/money/markets/2016/05/25/stocks-dow-wednesday/84900458/

IBD:
http://www.investors.com/market-trend/stock-market-today/stock-indexes-defend-days-gains-two-banks-break-out/

WSJ Markets At A Glance:
http://markets.wsj.com/us

Sector Tracker:
http://www.sectorspdr.com/sectorspdr/tools/sector-tracker

Current Futures: Positive
http://finviz.com/futures.ashx
Sign In or Register to comment.