Monday, October 10, 2011

Stocks close with a rally...

Short covering ahead of the closing bell propelled stocks to daily highs.

Dow +330
Nas +86
S&P +39 to 1194

The Financials also closed at their highs. XLF closed +0.61 to 12.44 (5.16%)

So, here we are again, just below the 1200 level on the S&P.  Earnings season will start tomorrow.

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