S&P 500 Snapshot: Highest Level Since December 2007

From dshort.com - Advisor Perspectives
January 10, 2013 - 4:50pm

Jan 10, 2013 Doug Short  The S&P 500 ignored this morning's mildly disappointing initial unemployment claims report and surged at the open. The index then quickly slid to within a hair's breadth of its opening level at around 11:15. But the buying returned and the index rose to an afternoon trading range before rallying in the final 90 minutes to a daily gain of 0.76%. The index is at a new interim high following the March 2009 low and a level not seen since late December of 2007.More...


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