The Traderszone Network

Published in TZ Latest News 23 April, 2015 by The TZ Newswire Staff

Stock Indexes Reverse Higher; Market Uptrend Resumes

Stocks reversed off a morning deficit and then pushed ahead for solid gains as the market outlook improved. The Nasdaq drove to a record closing high, up 0.4% for the day. The S&P 500 added 0.2%. The IBD 50 popped 0.7%. Volume rose across the board. The action was enough to switch IBD’s market outlook back to a confirmed uptrend. Economic news was glum, making the day’s gains respectable. First-time jobless claims were 3% higher than expected.

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