Market Pulse on April 29th

Olivier Rigot, EMC Gestion de Fortune

1 minutes de lecture

S&P 500 2943,03 +3,15.

The stock market reached new highs during the trading session before retreating towards the close. The slight divergence between the Dow Jones Industrials and the other indexes continues and may lead to a short correction of 2 to 3%. Daily sentiment indicators settled at a neutral level and breadth closed on a strong note: 2274 stocks advanced on the NYSE compared to 1445 that settled down, underlying momentum is still strong and some big tech cap draw renewed interest from market participants (i.e. Alphabet).