- Reading: 5.69 (compared to 5.67 in April)
- Trend direction: Positive
- Trend length: 1 month
- Score relative to historic ranges: High
Scottrade will bring more than 3 million client accounts to TD Ameritrade, quadruple its branch network and generate savings of $450 million in technology, back office and advertising.
Stocks pop on Monday as M&A and earnings reports lead the market higher, while manufacturing orders rose.