stupid Obama doesn't know anything about the economy...
http://www.marketwatch.com/story/us-stocks-futures-up-as-dow-eyes-1800-2014-12-23?dist=tbeforebell&link=sfmw_fb
Excerpt:
EW YORK (MarketWatch) - The Dow industrials closed above 18,000 for the first time ever and the S&P 500 notched up its 51st record close of the year, underscoring confidence in the strength of the U.S. economy.
The advances were relatively modest, particularly after some of last week's monster gains. But investors appeared to be particularly heartened by a far-stronger-than-expected revision to third-quarter economic growth that put the U.S. on its best pace in 11 years.
The stock market's performance over the past five trading sessions has looked like a classic Santa Claus rally - up more than 5% since last Tuesday's close. The S&P 500 is on track to finish the year with a double-digit gain, while the Dow's 2014 gains are more modest.
On Tuesday, the S&P 500 index SPX, +0.23% set an intraday record of 2,086.75 and closed up 3.6 points, or 0.2%, at 2,082.17. Energy and materials stocks led the gains, while the health-care sector closed with a 2.2% loss.
Link
http://www.marketwatch.com/story/us-stocks-futures-up-as-dow-eyes-1800-2014-12-23?dist=tbeforebell&link=sfmw_fb
Excerpt:
EW YORK (MarketWatch) - The Dow industrials closed above 18,000 for the first time ever and the S&P 500 notched up its 51st record close of the year, underscoring confidence in the strength of the U.S. economy.
The advances were relatively modest, particularly after some of last week's monster gains. But investors appeared to be particularly heartened by a far-stronger-than-expected revision to third-quarter economic growth that put the U.S. on its best pace in 11 years.
The stock market's performance over the past five trading sessions has looked like a classic Santa Claus rally - up more than 5% since last Tuesday's close. The S&P 500 is on track to finish the year with a double-digit gain, while the Dow's 2014 gains are more modest.
On Tuesday, the S&P 500 index SPX, +0.23% set an intraday record of 2,086.75 and closed up 3.6 points, or 0.2%, at 2,082.17. Energy and materials stocks led the gains, while the health-care sector closed with a 2.2% loss.
Link
