April 15th, 2015
Before the market opened, the big news was the March Industrial Production report, which disappointed to the downside. The weak data didn't faze the market. The S&P 500 surged higher in the opening minutes and traded sideways until the early afternoon, when it rose again to a trading range that included its 0.77% intraday high. Some selling in the final 30 minutes trimmed today's gain to 0.51%, which, coincidentally, is only 0.51% from its record close on March 2nd.More…
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