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Dow Watch: Another Happy Ending

Stock quotes in this article: ^DJI , JNJ , INTC , GS , BAC , JPM , MRK  

(At 4:20 p.m. EDT)

Not a bad finish at all.

The Dow managed to the end the day right near the highs of the session. As I mentioned yesterday, the blue-chip average is still stuck in a range and is still lower for the month. But the fact that the Dow finished at its session highs is a very good sign for bulls.

It's also impressive to see the Dow gain ground, even if it was only 27 points, considering how weak economic data was Tuesday and the dismal performance of financial stocks. Bank stocks contributed mightily to Monday's 185-point rally, and naturally many retraced some of those gains today. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

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