It was another big day for stock markets as the market continues to price in peace. We have to be over 90% priced to a peace deal at this point and dangerously close to a ‘sell the fact’ trade.
S&P 500 +1.2%Nasdaq Comp +2.0%Russell 2000 +1.3%DJIA +0.7%Toronto TSX Comp +0.6%
Travel and memory names led the way along with big time help from most of the Mag7. The laggards were oil companies.
This article was written by Adam Button at investinglive.com.