May 26, 2014

Morning Market Report

A quiet day on the markets in the lead up to public holidays in the US.

The market is up 28 points. The Dow Jones was up 63 points at 16,606 — The market rose on the open and maintained its strength throughout the day. Support came from earnings reports from major retailers GAP (reported after market on Thursday), Foot Locker and Gamestop which all beat expectations and good home sales data. Volume was light ahead of a long weekend for Memorial Day and the market traded in a 69 point range.


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