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MARKET SNAPSHOT: Stock Rally's Breadth Is A Sign Of Strength, Froth

Stock indexes rallying to new highs have put investors on alert for a correction. Now they have something else to worry about: Too many individual stocks touching highs.The S&P 500 Index (SPX) rose 2.1% last week to close at a record of 1,667.47 Friday, its 16th record close this year. Similarly, the Dow Jones Industrial Average (DJI) rose 1.6% on the week to 15,354.40, its 21st record of the year. The major benchmarks, including the Nasdaq Composite (RIXF), have made a nearly unchecked 16%-17% gain for the year.It's not just the indexes that are stretching for the stratosphere.Also in the past week, more than half the stocks on the S&P 500 touched new 52-week highs, with 141 of those occurring on Friday alone, according to an analysis of FactSet data. Another 128 companies reached new 52-week highs earlier in the week."The number of people I've heard justifying the valuation has been mind boggling," said Andrew Wilkinson, chief economic strategist at Miller Tabak & Co. "The complacenc...

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  1. Bulls Charge Wall Street; Dow, S&P Hit Fresh Records

    FOX Business: Capitalism Lives HereThe broad S&P 500 zoomed close to 2% higher in its fourth-straight weekly as Wall Street's 2013 rally continued unabated.Today's M...

  2. Facebook Among Tech Advancers On IPO Anniversary

    Tech stocks claimed the high ground in early trading Friday, with Facebook Inc. among the advancers. Facebook shares rose 1.2%, to $26.46 on what was effectively the...

  3. TECH STOCKS: Cisco Surge Fails To Sustain Tech Rally

    Tech stocks failed to sustain an earlier rally by Thursday's closing bell, though Cisco Systems ended the day with its best session in nearly two years.The Nasdaq Co...

  4. MARKET SNAPSHOT: U.S. Stocks Halt Record Run On Fed Talk

    U.S. stocks declined Thursday, halting the S&P 500's four-session winning streak, after a Federal Reserve official said the central bank could begin tamping back on ...

  5. TECH STOCKS: Cisco Surge Ignites Tech Rally; AMD Slides

    Cisco Systems Inc. led a rally across much of the tech sector on Thursday, after the network equipment giant beat earnings estimates and painted an upbeat picture of...

  6. MARKET SNAPSHOT: U.S. Stocks In Mild Retreat From Record Highs

    U.S. stocks wobbled on Thursday as any attempt at a selloff only served to lure in sidelined retail investors."We've had very few down days, or they are shallow down...

  7. MARKET SNAPSHOT: Cisco's Big Gain Underpins U.S. Stocks

    U.S. stocks wobbled on Thursday as any attempt at a selloff only served to lure in sidelined retail investors."We've had very few down days, or they are shallow down...

  8. Gloomy Data Send Wall Street Lower

    FOX Business: Capitalism Lives HereThe Dow and S&P 500 retreated from record highs on Thursday after a round of disappointing economic data shook traders' confidence...

  9. Dow, S&P Stall Near Record Highs

    FOX Business: Capitalism Lives HereThe Dow and S&P bounced about all-time highs as traders responded to generally weak economic data and mixed corporate news.Today's...

  10. MARKET SNAPSHOT: U.S. Stocks Little Moved, But Cisco Rallies

    U.S. stocks wobbled on Thursday as a midmorning selloff lured in sidelined retail investors."There is still a lot of money out there that needs to find a home. The g...

  11. MARKET SNAPSHOT: U.S. Stocks Slip, But Cisco Softens Slide

    U.S. stocks mostly fell on Thursday, pausing after another record-setting session, as data had jobless claims hitting a six-week high and housing starts falling shar...

  12. TECH STOCKS: Cisco Sparks Networking Rally, AMD Falls

    Cisco Systems Inc. led a rally in networking shares on Thursday after the tech giant beat earnings estimates and painted an upbeat picture of the corporate tech mark...

  1. Wall Street Week Ahead: Correction talk gets old as rally sails along

    With the broad S&P 500 Index gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street's rally inevitably hitting...

  2. MARKET SNAPSHOT: U.S. Stocks Notch Records, Fourth Week Of Gains

    U.S. stocks on Friday advanced to a fourth weekly gain, with both the Dow industrials and the S&P 500 at all-time closes, after data cast a positive spin on the econ...

  3. TECH STOCKS: Tableau, Marketo IPOs Stand Out In Tech Stocks

    It was IPO Friday for the tech sector, as enthusiasm for the public debuts of Tableau Software Inc. and Marketo Inc. reached lofty levels, and Facebook Inc. managed ...

  4. MARKET SNAPSHOT: U.S. Stocks Rise Toward Fourth Week Of Gains

    U.S. stocks on Friday advanced towards a fourth weekly gain, with both the Dow industrials and the S&P 500 poised for record closes, after data cast a positive spin ...

  5. TECH STOCKS: Facebook, Two IPOs Stand Out For Tech Stocks

    Tech stocks mostly held on to gains in afternoon trading Friday, with Facebook Inc. edging upward on its one-year anniversary of going public and two other tech comp...

  6. TECH STOCKS: Facebook Among Tech Gainers On IPO Anniversary

    Tech stocks showed strength in Friday's trading session, with several bellwethers rising and Facebook Inc. gaining ground on its one-year anniversary of becoming a p...

  7. Stocks Jump Amid Strong Consumer Sentiment Data

    FOX Business: Capitalism Lives HereThe markets climbed on Friday as traders cheered a much stronger-than-expected report on U.S. consumer sentiment.Today's MarketsAs...

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