FYI: All year, people have wondered if something was wrong with the market. Volatility was gone, stocks hardly moved. On Friday, they moved, though maybe not in the direction everyone was expecting.
Not content with all the tiny gains that were lifting equities toward the best year since 2013, traders emboldened by a scorching dose of tech earnings sent the Nasdaq 100 Index to its biggest rally in 19 months. About $185 billion was added to the market cap of the five largest companies alone, a rally reminiscent of the glory days of the tech bubble.
Regards,
Ted
https://www.bloomberg.com/news/articles/2017-10-27/euphoria-alert-rings-in-nasdaq-as-fang-health-scare-ends-in-bang
