Major market indices rise Tuesday, but once again, volumes were light on lack of market moving data. The Dow (DJI) closed the session with a gain of 11.86 points to 10,564.38. The S&P 500 (SPX) added 1.95 points to 1,140.45. The Nasdaq (COMP) tacked on 8.47 points to 2,340.68. Volume came in at 1.12 billion shares on the NYSE and 2.55 billion shares on the Naz. Market breadth was positive by an 18-to-13 and 15-to-12 margin on the Big Board and Naz respectively.
Today was the one year anniversary of the market lows, which have seen the major market indices rise sharply. In fact, the Naz has tacked on more than 80 percent with the SPX up 67 percent. Some stocks have seen... [Read More]