| 13:00 ET Dow +66, Nasdaq +36, S&P +7.51: [BRIEFING.COM] Little change since the last update which should be just fine with investors who are long the market... After yesterday's big rally, the follow through we're getting today is just the type of action that is needed to fuel the belief that the market's upturn is for real... Moreover, it is the type of action that is needed to prompt the shorts to cover their positions and to draw the sidelined cash of retail investors back into the fray... Participation in today's move has been fairly broad-based... From a market-cap standpoint, it has been led by the big-cap tech stocks and the small-cap components... Overall, the best performing industries include retail, entertainment, aerospace, biotech, fuel cell, and paper... Nasdaq 100 +2.1%... Russell 2000 +1.1%... NYSE Adv/Dec 1809/1157... Nasdaq Adv/Dec 2281/1352. |
