Stock Market Today With IBD
Stocks Hold Firm As Dow Crosses 40,000; FSLR, HIG, MELI In Focus
May 16, 2024 · 13 min · Episode 313 · 12.6 MB
0:00-13:08
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The Dow Jones industrial average briefly crossed the 40,000 level but backed off highs by the close along with the Nasdaq and S&P 500. Decliners beat advancers on both exchanges by a small margin after the Nasdaq confirmed the latest uptrend Thursday with a follow-through day. First Solar is approaching an alternate entry; Hartford Financial gave an early buy signal as it forms a flat base; MercadoLibre is trying to clear a new entry.
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