US equity futures and Asian stocks were unchanged while European stocks declined after touching the highest level in almost a year, as Italian and Spanish banks dragged indexes lower. The dollar eased back from 14-year highs as bond yields fell on Wednesday and oil extended its advance in increasingly thin trading.
They're giving it all they've got!! Bob Pisani said that Dow 20,000 was "inevitable.. we'll do it at tomorrow's open"...
By EconMatters
Submitted by Lance Roberts via RealInvestmentAdvice.com,
The post-election euphoria has been quite amazing as the markets have surged more than 8% since then. Of course, the election of Donald Trump was supposed to be a disaster, but that rhetoric quickly changed, at least for now.
Submitted by Lance Roberts via RealInvestmentAdvice.com,
Dow 20,000
Last week, I noted the market’s push toward the market milestone of 20,000. To wit:
“The Dow broke above 19700 and is within striking distance of the ‘psychological’ summit of 20,000. With just 250 points to go, it is extremely likely traders will try and push stocks to that level by Christmas. Woo Hoo!”