As from April 2013 my Journey in Investing is to create Retirement Income for Life till 80 years old for two over market cycles of Bull and Bear.

Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down



Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Friday, 15 July 2016

Banks lead as Dow, S&P 500 push to fresh records

US stocks pushed to new records Thursday, lifted by JPMorgan Chase's strong earnings and hopes for more stimulus from central banks.

The Dow Jones Industrial Average gained 0.7 percent at 18,506.41, its third straight all-time high.

The broad-market S&P 500 extended its record streak to a fourth day, advancing 0.5 percent to 2,163.75. The tech-rich Nasdaq rose 0.6 percent to 5,034.06.

Equity markets shrugged off the Bank of England's decision to hold interest rates and stimulus unchanged in its first meeting after Britain voted to leave the European Union. The bank though signalled it could come at its August meeting.





2 comments:

  1. gundlach says 2200 (SPX) as the breakout.

    until then, there's something to be said about the composition of the long participants.

    http://shiohmekiah.blogspot.com/2016/07/lesser-quantity-of-investable-assets.html

    ReplyDelete

Related Posts with Thumbnails