Indexes Tack On Moderate Gains, But Volume Slips
Stocks rose moderately Thursday despite mixed economic news. The Nasdaq tacked on 0.4%, and the Dow 0.3%. The S&P 500 and the NYSE composite advanced 0.2% each. The IBD 100 edged up 0.2% also. Volume was lower on both major exchanges. Trade has dropped the past three times the indexes rose. That's not the kind of pattern that gives courage to the bulls. On Thursday retail sales for December came in weaker than expected. Weekly jobless claims also
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