Market Recap for Monday, August 15th, 2016 Stocks got off to a nice start this week. Rallying overnight, the major indices were higher at the open. And the buying continued throughout the morning session. There was a bit of a pullback in the afternoon, but it wasn’t enough to keep the major indices from ending the day with new all-time highs. At the end of day the S&P, DOW, and NASDAQ all had new records – a feat that has only happened twice since 1999. There were 2 key reasons stocks were higher: Crude Oil – Oil jumped almost 3% on the possibility of a production freeze. There’s always […]
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