U.S. stocks rallied, almost wiping out this year’s decline in the Standard & Poor’s 500 Index, amid takeover deals, higher-than-estimated earnings at Caterpillar Inc. (CAT) and progress in talks to tame Europe’s debt crisis. Gauges of commodity, financial and technology shares had the biggest gains in the S&P 500 among 10 groups, rising at least 1.9 percent. Caterpillar, the largest construction and mining-equipment maker, climbed 5 percent. RightNow Technologies Inc. (RNOW) surged 19 percent, while Healthspring Inc. (HS) soared 34 percent, on acquisitions. Alcoa Inc. (AA) added 3.4 percent as metals advanced on signs of growth in China and Japan.
CNBC
Mad Money with Jim Cramer and the DeMARK Indicators 8-3-21
“Mad Money” host Jim Cramer takes a look at technical analysis from longtime analyst Tom DeMark.
Aug 3, 2021
