The Traderszone Network

Published in TZ Latest News 16 July, 2014 by The TZ Newswire Staff

S&P 500, Dow Transports Up But Nasdaq Shows Poor Breadth

The key stock averages notched modest gains Wednesday, and the popular Dow Jones industrials marked an all-time high. But a closer look shows the session was much more mixed. The S&P 500 rallied 0.4%, stamping out Tuesday’s small decline. NYSE volume edged up. The large-cap benchmark is just a few points away from painting another all-time record. The Dow transports rose 0.6%, reflecting high demand for airline, shipping and trucking stocks.

read more