Year despite a rather uninspiring session today. The dow gained more than 400 points from last fridays close as concerns about china and oil took a back seat, at least for now. Today the dow industrial average fell by 21 points, closed at 16,391. The nasdaq gained 16, s p 500 basically fact. Smallest point decline for the s p since august 2012. For the week all the major averages rose 2. 5 or more. And as bob fasani explains there may be a key milestone for the market. Reporter this was an important week. Going into monday we had a oneday rally going. The s p 500 was still down about 9 for the year. The trend was down. Four trading days later the s p is up nearly 3 for the week. And the shortterm trend is sideways. Thats an important change. And its been notable bounces in the most beatenup groups. Old school tech names like hewlettpackard, ibm, cisco, had notable bounces and big global industrials like Northrop Grumman and Illinois Tool Works up 4 , 5 for the week, outperforming the m
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