Index rises 16 points

Index rises 16 points

The S&P 500 continues to consolidate above the 55-day moving average at 2627 but still has a long ways to go to get back above the 200-dma.

  • Nasdaq +0.6%
  • DJIA +0.7%

Interestingly the US dollar is slumping against the yen despite rising yields and rising stocks. That's an aberration.