May 1, 2014

Morning Market Report

Strong sales figures from major retailers kept the market steady.

The market is down five points.

The Dow Jones was up 45 points at 16,581, a record closing high — the market rose throughout the day, slipping slightly after weaker growth data but recovering strongly following the statement from the FOMC. There were a number of earnings results which were positive on balance. The market traded in an 85 point range on above-average volume.

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