Stock Market News: Dow Jones Rally led by Goldman
Financial shares made the heavy lifting of the stock market on Wednesday, and helped raise Dow Jones to a 0.6% gain in afternoon trading. In stock market news, profit reports dominated Goldman Sachs (GS), Bank of America (BAC) and United Airlines (UAL) headlines. Meanwhile, a great fintech deal made headlines. FISV (FISV) announced plans to buy the company for more than $ 20 billion.
S & P 500 and the Nasdaq composite were up about 0.3% each. The Russell 2000 Small Capital Index performed mainly in line with Dow Jones, but the growth stock is typically set as Innovator IBD 50 ETF (FFTY) eased 0.2%. IBD 50 Name CyberAr k (CYBR) and Atlassian (TEAM) delayed by losses of more than 1% each. The results from Atlassian take place on Thursday after the trip. ( For updates on this story and other market coverage, visit the Stock Market Today page.)
Stock Market News: Movers & Shakers
Goldman Sachs exceeded the 50-day moving average by 8%. But the shares are still in a downtrend, about 30% of the high. Bank of America was up 7%. It's in better shape than Goldman, only 14% of the high, but the 200-day moving average of around 29 is a potential resistance level to see.
On the stock market today, United Airlines also sharply entered revenues, but it is still below the 50-day moving average, a potential resistance level to see.
The airline with the healthiest map at this time is Spirit Airlines (SAVE). It has recently found support on the 50-day line after a breakout. It works on a second floor with a 65.45 entry.
Meanwhile, MarketSmith Growth 250 name Attunity (ATTU) after 4% of the high it works on the right side of a base with a 23.95 entry. Stocks were up 3.5% to 22.67.
(BEAT) also improved better than 3% to 69.61. It also approaches heights as it acts on a cup-shaped base with a 74.83 entry.
In other stock market news, Netflix (NFLX) eased 0.5% ahead of the performance report Thursday after the trip. The warehouse on Tuesday broke out over a trend line, helped by news, there are hiking subscription prices. The FANG share was discussed as a possible call option trade in the last revenue list column.
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