There are a lot of concerning headlines out there:
- More Facebook tankage.
- Greece getting closer to the brink.
- JPMorgan suspending its buybacks.
And yet! The market is rallying nicely. The S&P is up just under 1%, and the NASDAQ is up over 1%.
And Apple (which has really been a laggard) is really booming, rallying over 3%.
Here’s the intraday chart via Bloomberg.