Stocks ended a five day losing streak today as positive earnings from Alcoa helped put investors’ minds at ease. The latest Fed Beige Book report also gave investors hope after showing the U.S. economy expanded at a modest to moderate pace in the past few weeks.
The major indexes all ended the day higher with the Dow up 89 points, the Nasdaq is up 25 points and the S&P 500 is up 10 points. [Read more...]
