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The Closing Bell: Dow Reclaims 25,000 Mark; Nasdaq Ends At Record As Earnings Get Under Way

TedTed
edited July 2018 in The Bullpen
FYI: The Dow on Friday reclaimed its perch above the 25,000 level for the first time in nearly a month while the technology-powered Nasdaq to a record, underlining an uptrend that has been driven by signs of economic strength and solid quarterly earnings, even if results for banks on the day failed to prove an immediate catalyst.

The day’s moves marked the sixth positive session in the past seven, suggesting that Wall Street was shaking off uncertainty surrounding trade policy that has served as the market’s most severe headwind in recent months.
Regards,
Ted

Bloomberg:
https://www.bloomberg.com/news/articles/2018-07-12/asian-stocks-to-follow-u-s-gains-dollar-slips-markets-wrap

Bloomberg Evening Briefing:
https://www.bloomberg.com/news/articles/2018-07-13/your-evening-briefing

Reuters:
https://www.reuters.com/article/us-usa-stocks/sp-hits-five-month-high-as-industrials-energy-boost-banks-weigh-idUSKBN1K31ML?il=0

MarketWatch:
https://www.marketwatch.com/story/us-stocks-poised-for-upbeat-session-as-bank-earnings-steal-center-stage-2018-07-13/print

IBD:
https://www.investors.com/market-trend/stock-market-today/dow-leads-nasdaq-lags-amazon-com-gains/

CNBC:
https://www.cnbc.com/2018/07/13/us-stock-index-futures-banks-earnings-and-trade-woes-in-focus.html

Bonds:
https://www.cnbc.com/2018/07/13/us-bonds-and-fixed-income-economic-data-politics-in-focus.html

Currencies:
https://www.cnbc.com/2018/07/13/forex-dollar-and-china-trade-data-in-focus.html

Oil:
https://www.cnbc.com/2018/07/13/oil-set-for-big-weekly-decline.html

Gold:
https://www.cnbc.com/2018/07/13/gold-prices-subdued-as-dollar-extends-rally.html

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

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

SPDR's Bloomberg Sector Performance Pie Chart:
https://www.bloomberg.com/markets/sectors

Current Futures: Positive
https://finviz.com/futures.ashx

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