The Traderszone Network

Published in TZ Latest News 10 August, 2015 by The TZ Newswire Staff

Stocks Surge, But Outlook Doesn’t Change

Stocks staged a big-time bounce Monday after sizable losses the prior week, but the market outlook remained unchanged. The S&P 500 jumped 1.3%, and the Nasdaq climbed 1.2%. Both rose back above their 50-day moving averages. The benchmark S&P 500 tested its 200-day line Friday, while the Nasdaq found support close to the 5,000 level.

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