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The stock market snapped its five-day losing streak with a daylong Tuesday rally that sent the S&P 500 higher by 1.2%. The benchmark index tested its 100-day moving average (2,095) during afternoon action while the Nasdaq Composite (+1.0%) underperformed throughout the...
The S&P futures are up 9 points and are trading 0.6% above fair value. That indication, however, has little to do with the better than expected second quarter earnings results reported by Merck (MRK), Pfizer (PFE), Ford (F), and UPS (UPS). To be fair, those results...
 
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