ETF Trends
ETF Trends

Major stock market indexes and their corresponding ETFs either hit or approached five-year highs yesterday.

S&P 500 shares, called Spiders (SPY), rose 79 cents to $130.38.
Nasdaq-100 tracking shares, known by their QQQQ symbol, added 10
cents to $41.21. The Diamond Trust (DIA) advanced .67% to close at $113.06. The iShares Dow Jones Transportation Average (IYT) rose .44% to close at an all-time high.

AP points out Bristol-Myers jumped 11 percent  and that The Dow rose 81.96, or 0.73 percent, to 11,317.43, its highest level since May 21, 2001, when it reached 11,337.92.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.