Week end/month end/quarter end should lead to massive volume today
WIth today being week end/month end/quarter end, it could lead to massive volume and price swings.
Nevertheless, the major indices are higher. Financials are a bright spot after the Stress Report led to passing grades and increases in dividends and buybacks as a reward for shareholders.
The snapshot of the markets are showing:
- S&P up 11.25 points or 0.39% at 2936
- Nasdaq up 22.2 points ro 0.28% at 7990
- Dow up 72 points or 0.27% at 26597
A look at financials the snapshot of price changes are showing:
- Bank of America, +3.33%
- J.P. Morgan, +3.0%
- Deutsche Bank, +2.92%
- Goldman Sachs, +2.81%
- Citigroup, +2.45%
- Charles Schwab, +2.14%
- Morgan Stanley, +2.13%
- Wells Fargo, +1.9%
- PNC financial, +1.72%