Dow rises 100 points, hits record high as tech stocks bounce

[Granule]

U.S. stocks traded higher on Monday as technology stocks recovered from a wobbly performance last week.

The Dow Jones industrial average rose 115 points and hit a record, surpassing a previous all-time high of 21,391.97, which was set last week. The S&P 500 gained 0.7 percent to also reach a record, with information technology rising 1.4 percent to lead advancers. The Nasdaq composite outperformed, rising 1.1 percent.

Large-cap technology stocks like Facebook, Amazon, Apple, Netflix and Google-parent Alphabet all traded higher. Last week, valuation concerns sent the overall sector lower by around 0.8 percent. Tech is by far the best-performing sector of the year, rising 17.2 percent in the period.


"I don't know where the optimism is coming from. That's not to say we should be negative. I just don't see any reason for excessive optimism or pessimism right now," said Randy Frederick, vice president of trading and derivatives at Charles Schwab.

http://www.cnbc.com/2017/06/19/us-st...ts-record.html


Thank you, Mr. President!

[TheDonald]

U.S. stocks traded higher on Monday as technology stocks recovered from a wobbly performance last week.

The Dow Jones industrial average rose 115 points and hit a record, surpassing a previous all-time high of 21,391.97, which was set last week. The S&P 500 gained 0.7 percent to also reach a record, with information technology rising 1.4 percent to lead advancers. The Nasdaq composite outperformed, rising 1.1 percent.

Large-cap technology stocks like Facebook, Amazon, Apple, Netflix and Google-parent Alphabet all traded higher. Last week, valuation concerns sent the overall sector lower by around 0.8 percent. Tech is by far the best-performing sector of the year, rising 17.2 percent in the period.


"I don't know where the optimism is coming from. That's not to say we should be negative. I just don't see any reason for excessive optimism or pessimism right now," said Randy Frederick, vice president of trading and derivatives at Charles Schwab.

http://www.cnbc.com/2017/06/19/us-st...ts-record.html


Thank you, Mr. President!

We pray for the Trump tax plan..........................Amen

[cawacko]

Considering many believe we are in a bubble I'd be careful with the praise you offer because it can, and will, pop at some point here

[Sailor]

Considering many believe we are in a bubble I'd be careful with the praise you offer because it can, and will, pop at some point here

"Irrational exuberance"

[archives]

U.S. stocks traded higher on Monday as technology stocks recovered from a wobbly performance last week.

The Dow Jones industrial average rose 115 points and hit a record, surpassing a previous all-time high of 21,391.97, which was set last week. The S&P 500 gained 0.7 percent to also reach a record, with information technology rising 1.4 percent to lead advancers. The Nasdaq composite outperformed, rising 1.1 percent.

Large-cap technology stocks like Facebook, Amazon, Apple, Netflix and Google-parent Alphabet all traded higher. Last week, valuation concerns sent the overall sector lower by around 0.8 percent. Tech is by far the best-performing sector of the year, rising 17.2 percent in the period.


"I don't know where the optimism is coming from. That's not to say we should be negative. I just don't see any reason for excessive optimism or pessimism right now," said Randy Frederick, vice president of trading and derivatives at Charles Schwab.

http://www.cnbc.com/2017/06/19/us-st...ts-record.html


Thank you, Mr. President!

Is that the same DOW as an economic indicator that the Don labeled as "false economy" when he was campaigning?

When your "Mr President" can take the Dow from 7947 to 19,127 get back to us

[Sailor]

Is that the same DOW as an economic indicator that the Don labeled as "false economy" when he was campaigning?

When your "Mr President" can take the Dow from 7947 to 19,127 get back to us

Name one thing, executive order, or policy that Obama did to make the stock market climb. Other than not repeal Bush's tax cuts. The rise and fall of the economy really does not rest on any President other than starting a war. It is the American people and investors, not government, that decide it.

[Jarod]

U.S. stocks traded higher on Monday as technology stocks recovered from a wobbly performance last week.

The Dow Jones industrial average rose 115 points and hit a record, surpassing a previous all-time high of 21,391.97, which was set last week. The S&P 500 gained 0.7 percent to also reach a record, with information technology rising 1.4 percent to lead advancers. The Nasdaq composite outperformed, rising 1.1 percent.

Large-cap technology stocks like Facebook, Amazon, Apple, Netflix and Google-parent Alphabet all traded higher. Last week, valuation concerns sent the overall sector lower by around 0.8 percent. Tech is by far the best-performing sector of the year, rising 17.2 percent in the period.


"I don't know where the optimism is coming from. That's not to say we should be negative. I just don't see any reason for excessive optimism or pessimism right now," said Randy Frederick, vice president of trading and derivatives at Charles Schwab.

http://www.cnbc.com/2017/06/19/us-st...ts-record.html


Thank you, Mr. President!

/?
Where were you during the 100 pt days under Obama?

[Bill]

Praise dear leader when it goes up~blame obama when it goes down.........

[Text Drivers are Killers]

Trump has continued obama's policy of using tax dollars to prop up the stock market.

[Getin the ring]

It is the American people and investors, not government, that decide it.

precisely, and trump has given hope to that process, his entire vision is bringing more jobs to people previously booted from the work force either through regulations, loss of jobs overseas because of the corporate tax rates, and most importantly unfair outdated trade agreements left in place through the inaction of our prior administrations lack of business sense.

Watch Trump work, all I can offer

[Irish]

MSM: Nothing to see here folks. Let's keep talking about Russia collusion.

[Granule]

Considering many believe we are in a bubble I'd be careful with the praise you offer because it can, and will, pop at some point here

I give him an "A" for trying, and God knows he'll need all the help he can get.

We can't forget that this downward spiral began long before he got into the WH.

[Granule]

Praise dear leader when it goes up~blame obama when it goes down.........

uh-uh.

Praise the President when it goes up, hold his feet to the fire when it goes down. Blame Obama for hating America.

[cawacko]

I give him an "A" for trying, and God knows he'll need all the help he can get.

We can't forget that this downward spiral began long before he got into the WH.

The Fed arguably has more control over what's happening in the market as we saw how the market reacted to QE. You're free to say whatever you want I'm just saying the market is in a bubble. It was in one under Obama and continues to be in one now. If you start praising him today for this it's going to be a lot harder to claim it's not his fault when the bubble does pop, which it will

[PostmodernProphet]

Praise dear leader when it goes up~blame obama when it goes down.........

excellent plan......