SPX weekly chart
SPX weekly chart

Closing changes:

  • S&P 500 +0.2%
  • DJIA +0.3%
  • Nasdaq Comp flat
  • Russell 2000 +1.0%
  • Toronto TSX Comp +1.2%

Weekly:

  • S&P 500 +2.5%
  • DJIA +1.4%
  • Nasdaq Comp +3.2%
  • Russell 2000 +3.6%
  • Toronto TSX Comp +3.5%

There were some larger divergences with energy leading the way today behind a 2.0% rise in the XLE ETF. Banks were also strong to help pace the gain in the Russell 2000.

The weekly chart sets up a showdown with the July high but we'll have to wait until Tuesday as North American markets are closed for a holiday.