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Today's Commentary
 
Saturday, November 01, 2014


The Dow Jones Industrial Average (DJI) blazed a steady path higher throughout the session -- catapulted by a stellar earnings reception for Visa Inc (NYSE:V) -- and the S&P 500 Index (SPX) kissed the 2,000 level before trimming its lead.

Adding fuel to the bullish fire, the Commerce Department said U.S. gross domestic product (GDP) rose by more than expected in the third quarter, overshadowing an uptick in first-time jobless claims. It wasn't all rosy on the Street, though; the Nasdaq Composite (COMP) had trouble gaining steam, as tech stocks struggled to keep up with their blue-chip peers, while the New York Stock Exchange (NYSE) suffered a mid-session setback 
  


 
 
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