The major stock indices are closing higher on the day with the Nasdaq leading the way.
- The major indices are off to a positive start for the week after 4 straight weeks of gains
- 9 or 11 sectors in the S&P moved higher with Energy (-1.9%) and materials (-0.1%) the only sectors to decline. Crude oil is down -$3.11 on the day. The consumer staples rose 1.0%
- The Dow is closing above the 200 day MA for the first time since April 20. The 200 day MA comes in at 32897.15. The price closed at 33191.45