Seeking Alpha

Stocks end little changed, Dow creeps closer to 17,000

  • Stocks traded in a narrow range on the last full day of trading before the July 4 holiday, as the Dow and S&P 500 eked out new record finishes while the Nasdaq slipped to a tiny loss, after a better than expected ADP jobs report and ahead of tomorrow's non-farm payrolls report from the government.
  • The one sector that displayed notable strength was health care, which also led the way yesterday; the countercyclical group added 0.7%, with biotechs underpinning the advance.
  • Participation was well below average, with fewer than 585M shares changing hands at the NYSE.
  • Treasury prices tumbled following the ADP report and continued drifting lower through the day; the 10-year note lost half a point, sending its yield higher by 6 bps to 2.62%.
Comments (1)
  • al roman
    , contributor
    Comments (6671) | Send Message
     
    So sleepy i kept dozing off at the screen,just a peaceful day at the market.
    2 Jul, 09:38 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector