Oil Rallies Sharply And Pulls Indexes Higher

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] 1. Moving the Markets It was a glorious day for the markets here in the U.S. Thursday. All three major indexes closed at new record highs, bolstered by department store Macy’s beating of sharply reduced expectations and their closing of 100 stores. The labor market allegedly remains solid and, after being a drag on the market …