The Traderszone Network

Published in TZ Latest News 18 July, 2014 by The TZ Newswire Staff

Nasdaq Delivers Best Gain In Two Months, But Volume Fades

Stocks rumbled higher in lower volume Friday, turning the major indexes positive for the week despite two days of heavy-volume selling. The Nasdaq advanced 1.6%, its best gain in more than two months. The S&P 500 and the Dow Jones industrial average rose 1% and 0.7%, respectively. The IBD 50 surged 1.8%. Volume shrank on the NYSE and the Nasdaq. Friday was an options expirations day, making the lower volume somewhat surprising.

read more