Market Jumps Above Recent Trading Range: SPX, Nasdaq, BIDU, AMZN, DO, ISRG, BNI, X, FCX, ATI
Posted on June 01, 2009 at 21:42 PM EDT
The market continued where it left off last Friday and continued higher today! Right out of the gate, better-than-expected economic data, including manufacturing, consumer spending and construction spending, encouraged investors to work more sidelined money back into the stock market. Techs were especially strong, led by the semicondutors (mentioned last night in my Sector Watch). [...]