MARKET RECAP

• US stocks +1.49%, international stocks +1.98%, bonds +0.35%.
• The Leading Economic Index fell by 0.3% to 98.8. The index was pulled down by low consumer expectations, rising unemployment-insurance claims and weak new orders in manufacturing.
• The Nasdaq has been above it’s 20-day moving average for about 65 days, the longest such streak since 1999.
•  Other speculative signs in the market include the top 10 stocks accounting for approximately 40% of the S&P market cap, heavily shorted stocks experiencing significant gains, and an increase in stocks being bought on margin.

SCOREBOARD