[Chart courtesy of MarketWatch.com] 1. Moving the Markets The resurgent U.S. stock market kicked off the holiday-shortened week by slightly extending last week’s gains as investors digested a big rally that has turned stocks positive for the year and reacted to deals in the hotel, paint and data businesses. A flurry of M&A deals announced Monday gave an assist, including Starwood Hotels …
Stocks Slip Back In The Red
[Chart courtesy of MarketWatch.com] 1. Moving The Markets The markets here in the U.S. slipped back into the red zone across the board. The S&P 500 index fell half a point, the Dow Jones industrial average fell 0.2% and the Nasdaq composite rose 0.2%. Makers of consumer staples (XLP), a category that includes everyday products like soap, diapers and cigarettes, …