Top news
US stocks erase all losses for the year
By Bryce Elder, Hudson Lockett & Harry Dempsey
Nasdaq Composite Touches 10000 as Post-Virus Rally Marches On
By Karen Langley
S&P 500 erases its loss for the year as stocks rally on reopening optimism
By Yun Li & Fred Omar Imbert
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Formerly TwitterLiz Ann Sonders
LizAnnSonders
Huge gap opening up between new orders components in @philadelphiafed (orange) and Empire (blue) Manufacturing indexes, with former soaring and latter stuck in contraction pic.twitter.com/ppU2ztRd6D
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Liz Ann Sonders
LizAnnSonders
Better day for Comm Serv and Utilities; not so much for Tech and Cons Discr; Comm Serv continues to lead YTD and MTD … Russell 1000 Value outperformed major indexes while Russell 1000 Growth underperformed; Russell 2000 Growth is struggling most MTD pic.twitter.com/pnmKHiMJYS
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Ryan Detrick, CMT
RyanDetrick
Interesting, but only 1 stock on the S&P 500 made a new 10-day high last Friday.
As of last night, 16 made a new 10-day high. This in the face of a 5-day losing streak.
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Ryan Detrick, CMT
RyanDetrick
Earlier this week, less than 10% of the stocks in the S&P 500 were above their 20-day MA. That is wash out territory.
That was the lowest level since Oct of last year, but even more interesting is price made new lows, but stocks above their 20-day MA actually improved. pic.twitter.com/4XrwsE89Iw
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Stocks suffer their worst day since March, with the Dow plunging more than 1,800 points
By Yun Li & Fred Omar Imbert