Wednesday saw the NASDAQ and S&P bounce back from recent weakness. The NASDAQ moved higher by 73 points for a 1.15% gain, recovering much of the recent pullback. Many of the tech names that had been beaten up, rallied. Apple stock was up 0.71% to $154.23. Google rose 2.4% gaining $22.47 while Amazon rose 1.31% to close at $950.87.
Financial stocks were big gainers on Wednesday as investors are selling other sectors to move capital into financial stocks, which most believe will do well in a higher interest rate environment as most believe the Fed remains intent on raising rates by December and again in 2018.
Here is the outlook for the S&P and NASDAQ indexes for Thursday Sep 28 2017 as viewed by the advance decline numbers from the close of trading on Wed Sep 27 2017.
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Advance Decline Numbers Outlook For Sep 28 2017
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