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Barchart
Barchart
Rich Asplund

Stocks Gain as US Economic Strength Bolsters Soft Landing Prospects

The S&P 500 Index ($SPX) (SPY) today is up +0.14%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.27%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.81%.

Stocks today are mostly higher, with the S&P 500 posting a new all-time high and the Nasdaq 100 posting a 2-1/2 week high.  Better-than-expected US economic news today on Nov ISM manufacturing and Oct construction spending bolsters the outlook for a soft landing and boosts stocks.

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