Closing changes:
S&P 500 +0.2%DJIA +0.3%Nasdaq Comp flatRussell 2000 +1.0%Toronto TSX Comp +1.2%
Weekly:
S&P 500 +2.5%DJIA +1.4%Nasdaq Comp +3.2%Russell 2000 +3.6%Toronto TSX Comp +3.5%
There were some larger divergences with energy leading the way today behind a 2.0% rise in the XLE ETF. Banks were also strong to help pace the gain in the Russell 2000.
The weekly chart sets up a showdown with the July high but we’ll have to wait until Tuesday as North American markets are closed for a holiday.
This article was written by Adam Button at www.forexlive.com.