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Today's Commentary
 
Tuesday, April 21, 2015


After concerns from China sent the Dow Jones Industrial Average (DJIA) to a nearly 300-point loss on Friday, stimulus news from the mainland helped whet investors' risk-on appetite today -- with the blue-chip barometer notching a triple-digit win.

Adding to the bullish buzz were relatively subdued comments from New York Fed President William Dudley, as well as a strong start to the week's busy earnings docket. Meanwhile, the day's burst of buying power brought round-number levels back in play, with the S&P 500 Index (SPX) edging north of 2,100, while the Nasdaq Composite (COMP) stopped just shy of the 5,000 mark.

 
  


 
 
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