Amazon Pops on Holiday Sales Update

Headlines about strong e-commerce sales are keeping bulls at the table

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Midday Market Check
 
 

12/26/2019

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S&P and Nasdaq Climb to New Highs Again

By Josh Selway

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The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are grinding to new highs again, and the Dow Jones Industrial Average (DJI) is also higher, as stocks continue to rally into the new year. With the Nasdaq looking for a 10th consecutive record close, traders are monitoring more trade buzz and this morning's jobless claims update that matched expectations. Bulls are also cheering upbeat e-commerce sales data for the holiday season, though trading volumes remain somewhat thin during the holiday-shortened week.

Continue reading for more on today's market, including:

>> Continue reading...
LATEST HEADLINES

>> Amazon Stock Enjoys Lift on Record-Breaking Holiday Sales
Amazon stock has already added 20% in 2019
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There's a lot of pessimism around TSLA to be unwound
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>> Stocks Ready to Resume Uptrend
The NDX is gunning for its 10th straight record close
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