Dow, S&P 500 Gain Again; Nasdaq Slightly in the Red
Dont look now, but the S&P 500 has now posted its longest winning streak in 16 months up for the 7th straight day, and within a percentage point of new all-time highs. The Dow is also up for its 7th trading day in a row, closing up a healthy 358 points, or +1.3%. The Nasdaq was the only major index to close in the red, now back below the 11K mark set last week for the first time.
Again, were not looking at a lot of data that sustains such bullishness other than that equities are still the b…