The Traderszone Network

Published in TZ Latest News 17 October, 2014 by The TZ Newswire Staff

Stock Indexes Post More Gains, But Correction Remains Intact

Stocks advanced Friday, but the gains came in declining volume. The Nasdaq added 1%, while the S&P 500 and the Dow Jones industrial average rose 1.3% and 1.6%, respectively. The IBD 50 checked in with a 1.4% pop. Volume fell across the board. The gains in the indexes were primarily the result of a strong start. The Nasdaq was up 1.9% at midday and then gave back a chunk of the advance as it met resistance near the 200-day moving average.

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