Today is Friday. The weather is sunny in here.
Today’s market summary,
Dow +73.00 +0.72% 10270.47
Nasdaq +18.86 +0.88% 2167.88
S&P500 +6.24 +0.57% 1093.48
Upbeat quarterly reports from Disney as well as Abercrombie & Fitch Co. and J.C. Penney Co. offset worries about a slide in consumer confidence.
Analysis said investors looked past the consumer confidence figure to focus on earnings reports because they are a more reliable indicator about the economy.
Market analysis expects the tie between the dollar and stocks to continue.
They said as long as interest rates stay low it's going to be difficult for the dollar to gain any strength.
