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The Closing Bell: Nasdaq And S&P 500 Hit Record Highs As Tech Shares Rally

TedTed
edited August 2018 in The Bullpen
FYI: Second-quarter GDP update comes in at 4.2%, compared with previous 4.1% estimate.
Stocks extended gains Wednesday, with the S&P 500 and the Nasdaq again trading at record heights, as a multiday advance rolls on. Those gains have been underpinned by reported progress in trade talks, economic strength — despite some concern about slack in the housing market — and strong corporate results.

Nine of the eleven S&P 500 Sectors finished in positive territory. Real Estate, and Financials were down.
Regards,
Ted

Bloomberg:
https://www.bloomberg.com/news/articles/2018-08-28/asia-stocks-set-for-mixed-start-treasuries-slip-markets-wrap

Bloomberg Evening Briefing:
https://www.bloomberg.com/news/articles/2018-08-29/your-evening-briefing

Barron's: After The Bell:
https://www.barrons.com/articles/after-the-bell-the-s-p-500-is-on-its-way-to-a-wonderful-august-but-should-we-worry-about-september-1535579608?mod=djem_b_Weekly barrons_daily_newsletter

Reuters:
https://www.reuters.com/article/us-global-markets/world-stock-index-at-5-1-2-month-high-as-tech-rallies-trade-fears-wane-idUSKCN1LE01N

IBD:
https://www.investors.com/market-trend/stock-market-today/stock-market-today-new-high-tech-marijuana/

MarketWatch:
https://www.marketwatch.com/story/stocks-aim-for-4th-straight-daily-gain-sp-nasdaq-again-poised-for-records-2018-08-29/print

CNBC:
https://www.cnbc.com/2018/08/29/us-markets-us-canada-trade-talks-in-focus.html

U.K.:
https://www.marketwatch.com/story/uk-stocks-falter-fundamental-value-seen-in-utilities-2018-08-29/print

Europe:
https://www.marketwatch.com/story/european-shares-tick-higher-but-uk-stocks-dip-2018-08-29/print

Asia:
https://www.marketwatch.com/story/asian-markets-mostly-extend-this-weeks-gains-2018-08-28/print

Bonds:
https://www.cnbc.com/2018/08/29/us-bonds-and-fixed-income-gdp-and-economic-data.html

Currencies:
https://www.cnbc.com/2018/08/29/british-pound-spike-after-eu-official-points-to-progress-in-brexit-talks.html
Oil:
https://www.cnbc.com/2018/08/29/oil-markets-iran-non-opec-supply-in-focus.html

Gold
https://www.cnbc.com/2018/08/29/gold-markets-us-china-trade-in-focus.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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