Well, as we noted this morning, there wasn’t much selling the news this week. Despite bank earnings that all had some pretty obvious holes, the selloff never arrived as expected. Today wasn’t a particularly big up day. The Dow gained just 5.90 and the S&P added just 4.29. But again, considering that we had to digest a report from Citigroup (C), that’s not bad.
For the week, the Dow ended up 50 poitns, the NASDAQ added about 20 points or 1.2%.