[Chart courtesy of MarketWatch.com] 1. Moving The Markets The Christmas rally continued today with the Dow and S&P 500 eking out another record close during this Holiday-shortened session caused by a positive durable goods orders report. Big ticket items (aircraft and transportation equipment) rose 3.5% vs. an expected 2%. Home prices gained 8.2% in October from the same month last …
DIA And SPY Close At Record Highs Amid Factory Orders, Cyprus Deal; Europe Rallies
[Chart courtesy of MarketWatch.com] US stock index ETFs closed higher on Tuesday, with the Dow industrials and S&P 500 finishing at record closing highs as US factory orders topped estimates and health insurers rallied after winning an increase in a key Medicare payment rate. Factory orders rose by three percent in February, boosted by demands for commercial aircraft and automobiles. …