Stock Market Rallies On 6 Year Bull Market Anniversary

DOW 17,995.72  +138.94 points or  +0.78%
S&P 500  2,079.43  +8.17 points  +0.39%

NASDAQ  4942.44  +15.07 points or  +0.32%

Russell 2000  1,223.59  +6.07 points or  +0.50%


The Stock Market began the week rallying strong on this Bull Markets sixth anniversary.  The Market opened higher, and rallied all day closing slightly off the days high made at 2pm ET.  Apple was added tto the Dow Jones Industrial average Friday, replacing ATT. Today, Apple unveiled the iwatch. McDonald's stock rallied today, after reporting disappointing sales. The Market must feel the bad news is behind McDonald's. Crude Oil appears to love hugging that $50 per barrel level. Crude closed just above $50 today. The volatility index, the VIX, was basically unchanged, moving slightly lower down -0.92 percent to close at 15.06. The 10 Year Treasury bond yield pulled back on more potential Greece debt concerns to close down around the 2.20 percent level. Trading volume saw about 6.2 billion shares changing hands across all trading venues, according to BATS exchange data. 


All released and proposed to be released economic reports for the week are listed below.

March 10

10:00 AM JOLTS-Job Openings report for January

10:00 AM Wholesale Inventories report for January

March 11

7:00 AM MBA Mortgage Index report for March 7

10:30 AM Crude Inventories report for March 7

2:00 PM Treasury Budget report for February

March 12

8:30 AM Initial Claims report for March 7

8:30 AM Continuing Claims report for February 28

8:30 AM Retail Sales report for February

8:30 AM Retail Sales ex-auto report for February

8:30 AM Export Prices ex-ag report for February

8:30 AM Import Prices ex-oil report for February

10:00 AM Business Inventories report for January

10:30 AM Natural Gas Inventories report for March 7

March 13

8:30 AM PPI report for February

8:30 AM Core PPI report for February

10:00 AM Michigan Sentiment report for March

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