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Stocks Rebound On Support Despite Factory Slowdown

But stocks surged higher into the close after the Dow Jones Industrial Average bounced off of its 200-day moving average, a level that hasnt been tested since October. That gave the bulls the cover they needed to make a move. So they did. Provided by InvestorPlace 020215 dow Stocks Rebound on Support Despite Factory Slowdown In the end, the Dow gained 1.1%, the S&P 500 gained 1.3% as it crossed back over the 2,000 level, and the Nasdaq Composite and the Russell 2000 eachgained 0.9%. Also helping wassome soothing words from Greeces new government, which suggested it would be open to debt restructuring rather than demanding debt forgiveness.
Source: http://www.msn.com/en-us/money/inside-the-ticker/stocks-rebound-on-support-despite-factory-slowdown/ar-AA8Uzrl?srcref=rss

Stocks End Higher After Late Rally - Yahoo Finance

Steel, railroad, and banking stocks have also moved notably higher on the day, while some weakness remains visible among airline stocks. Other Markets In overseas trading, stock markets across the Asia-Pacific region turned in a mixed performance during trading on Monday. Japan's Nikkei 225 Index fell by 0.7 percent, while Australia's All Ordinaries Index advanced by 0.6 percent. Meanwhile, the major European markets all moved to the upside on the day.
Source: http://www.nasdaq.com/article/stocks-turn-higher-after-seeing-early-weakness--us-commentary-20150202-00752

Stocks try to rebound before data - Yahoo Finance

At midday the Nasdaq, Dow and S&P 500 were up 0.3%, 0.4% and 0.6% respectively. The firm said it earned $6.57 billion in the quarter, down from $8.35 billion in the year-ago period as low oil prices weighed. The company was boosted by its chemical decision and a favorable arbitration ruling regarding Venezuelan assets. Foreign Markets European markets were higher as Greek fears eased somewhat after Prime Minister Tsipras said that Greece will stay in the eurozone. In late trading, the FTSE 100 ww.Prudential best stocks to buy. and Paris CAC were each up 0.4% while Germanys DAX rose 1%.
Source: http://finance.yahoo.com/news/stocks-turn-higher-consumer-spending-170000976.html

Stocks Turn Higher; Consumer Spending, ISM Data Eyed - Yahoo Finance

But momentum in the broader market appears to be slowing, with the S&P 500 closing below its 50-day moving average almost every session in January. The index has also failed to make new highs following a mid-December pullback, which contrasts notably with how it behaved at other times during the historic bull run of 2013 and 2014. Our researchLAB market scanner shows negative returns in most major sectors recently, especially after poor results sank technology and financial stocks. But isolated groups such as supermarkets, video games, and IT outsourcing have done well.
Source: http://finance.yahoo.com/news/stocks-try-rebound-data-131243918.html

Stocks Turn Higher After Seeing Early Weakness - U.S. Commentary - NASDAQ.com

The closely watched ISM manufacturing index, which measures the strength of the U.S. factory sector, fell to 53.5 in January from 55.1 in December. The reading is the worst in a year and economists had expected the index to come in at 54.3. At market close the Nasdaq, Dow and S&P 500 were up 0.9%, 1.1% and 1.3% respectively. The firm said it earned $6.57 billion in the quarter, down from $8.35 billion in the year-ago period as low oil prices weighed.
Source: http://finance.yahoo.com/news/stocks-end-higher-rally-214000277.html

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