Categories: RetailU.S. Investing

Stocks Change Little from Records on Retail Data

Stocks Change Little from Records on Retail Data (Bloomberg)

Both the S&P 500 and the Dow Jones Industrial Average made slight gains from yesterday’s records today, thanks in part to data that showed March retail sales were higher than initially reported. “We’ve had a stealth rally in the market to this record,” Eric Marshall, a portfolio manager at Hodges Funds in Dallas, said. “The fact that we’ve moved up and hit new highs, in spite of some lingering negative sentiment, is a very healthy and positive thing for the market.”

Daily Data Flow

Recent Posts

Sample Weekday Wrap/Closing Comments

This content is for paid subscribers only. To gain access subscribe to one of our…

1 month ago

Soft Landing Premise Still Driving Bullish Narrative

It is hard to find a seasoned investor who doesn’t believe the stock market is…

6 months ago

Are You Prepared for the Next Market Collapse?

No one believes a financial disaster can strike… until it’s too late. That’s bizarre, considering…

1 year ago

Options Industry Council (OIC) – What is It?

The Options Industry Council is a resource used to educate investors about the benefits and…

1 year ago

Put-Call Parity – Defined and Simplified

The put-call parity is the relationship that exists between put and call prices of the…

1 year ago

Three Cheers for the Magnificent Seven

“It’s not a stock market, it’s a market of stocks.” -- “Maxims of Wall Street,”…

1 year ago