Proxy for the selection. It was the unexpected proxy. The peso has been gaining ground in the wake of the debate last night and some market for tip of the are judging a Hillary Clinton one. That is fueling to some degree of relief rally in u. S. Stocks. We see some cyclical groups leading the rally today. Most notably, discretionary stocks. They are doing particularly well. If you look at the s p index, its up. Thats one of the best performing groups we are watching. That has to do with Consumer Confidence. It rose to a ninemonth high. If you look at the bloomberg, you can see how it dead. This is ec a left on the bloomberg. This is the actual number. You chart here shows todays reports are way out here. We saw that. Jobs are plentiful right now. This is also at a nineyear high. If you look around the discretionary universe, weve got the Online Travel sites doing well. They are rallying more than 3 . Amazon is rallying today. Once again, its at a record. They are benefiting from some o
Of gains. A rise in oil prices, decent economic data, and the feds decision to embark on a more gradual path of rate hikes helped power stocks over the past five sessions. Today the Dow Jones Industrial average added 120 points to 17,602. The nasdaq gained 20. And the s p 500 rose nearly 9. For the week, all of the major indexes rose 1 or more. And its not just the dow and the s p 500 that are deserving of attention. Theres another group of stocks thats been quietly outperforming the rest. Dominic chew has that story. Reporter the stock markets made a strong comeback since hitting lows back on february 11th. And that move has taken both the large cap s p 500 and dow industrials back to positive territory for the year. For as much attention as those big guys are getting its the s p 500 midcap index that stages the best performance so far inty 16. Its gained more than 2 since the start of the year. Some investors look toward admitcaps as a possible market sweet spot. Theyre bigger and pe
Dow logging five straight weeks of gains. A rise in oil prices, decent economic data, and the feds decision to embark on a more gradual path of rate hikes helped power stocks over the past five sessions. Today the Dow Jones Industrial average added 120 points to 17,602. The nasdaq gained 20. And the s p 500 rose nearly 9. For the week, all of the major indexes rose 1 or more. And its not just the dow and the s p 500 that are deserving of attention. Theres another group of stocks thats been quietly outperforming the rest. Dominic chew has that story. Reporter the stock markets made a strong comeback since hitting lows back on february 11th. And that move has taken both the large cap s p 500 and dow industrials back to positive territory for the year. For as much attention as those big guys are getting its the s p 500 midcap index that stages the best performance so far inty 16. Its gained more than 2 since the start of the year. Some investors look toward admitcaps as a possible market
Dow logging five straight weeks of gains. A rise in oil prices, decent economic data, and the feds decision to embark on a more gradual path of rate hikes helped power stocks over the past five sessions. Today the Dow Jones Industrial average added 120 points to 17,602. The nasdaq gained 20. And the s p 500 rose nearly 9. For the week, all of the major indexes rose 1 or more. And its not just the dow and the s p 500 that are deserving of attention. Theres another group of stocks thats been quietly outperforming the rest. Dominic chew has that story. Reporter the stock markets made a strong comeback since hitting lows back on february 11th. And that move has taken both the large cap s p 500 and dow industrials back to positive territory for the year. For as much attention as those big guys are getting its the s p 500 midcap index that stages the best performance so far inty 16. Its gained more than 2 since the start of the year. Some investors look toward admitcaps as a possible market
Thought it would be, clipped under a dollar here. Twitter flying at its lowest levels since the company went public back on november 7th. And the other social media stocks are getting colored by the same red today. Lets go to nicole we lead d. C. On the floor of the New York Stock Exchange. Is this driven by some type of news or just, wait a minute, were not profitable . Reporter it traded as low as 38. 80 today, and this is on the heels of a bare ops article over the weekend that talked about some of the highflying stocks such as linkedin. Right now the stocks at 39. 20, so they made a list of the stocks involved with cloud computing, and that may just be flying too high too fast. So lets take a look at a group that is somewhat related, facebook is down, yelp is down, linkedin is down 1. 7 . Barrons is talking positively about some of the names we know well such as jpmorgan and caterpillar. But you do see twitter here, 38. 80 was the low. It traded above 50 on november 7th, but the if