Stocks Get More Decisive

After two months of rangebound trading, stocks made a decisive move higher last week. In its best weekly advance since mid-February, the S&P 500 rose 2.4 percent and ended the week above its 100-day moving average for the first time since mid-March. At the sector level, the push higher enjoyed widespread participation, led by energy, financials, industrials, and tech, while only the defensive staples and utilities fell.

from http://newsroom.ameriprise.com/commentary/stocks-get-more-decisive.htm

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