Dow and S&P 500 Close At ATHs After Better Than Expected Jobs Report

Summary

- S&P 500 closed at an all-time high of 4,436.52 up from 4,396.26 from last Friday. The Dow closed at an all-time high of 35,208.51.

- The week continued the seasonal ‘chop’ that often pervades the summer months. Epicenter and travel names began recovery on Thursday and continued gains on Friday.

- Earnings have continued to come in historically strong. Revenue and earnings estimates have been beat by the highest level since the first quarter of 2008.

- Despite a ple...

Summary

- S&P 500 closed at an all-time high of 4,436.52 up from 4,396.26 from last Friday. The Dow closed at an all-time high of 35,208.51.

- The week continued the seasonal ‘chop’ that often pervades the summer months. Epicenter and travel names began recovery on Thursday and continued gains on Friday.

- Earnings have continued to come in historically strong. Revenue and earnings estimates have been beat by the highest level since the first quarter of 2008.

- Despite a ple...
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