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That does not appear to be the case. The dow and nasdaq each touching intraday records. The upward momentum has resumed. Financials are a big part of the rally today. Is a big, big move for the it financial index stop seems to be a lot about what is going on. You mentioned jpmorgan even before the headline coming out. J. P. Morgan shares up by 2 . Regional banks doing well today. Take a look at the treasury market because that appears to be what is driving this rally in the financials today. Not take much. Even a marginal move in the treasury market appears to be. Aving an outside reaction only two basis points higher today. Yields havereasury been moving sadly hire all week, fueling some of the gains in the financials. E Company Specific news alibaba shares at a record today. 45 tompany predicted 49 Revenue Growth in the year ending march. Pulling yahoo , along with it. Nordstrom making big headlines,he family that owns nordstrom or one of the majority owners is considering taking pri

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