By scott miller
Sure, Michael Phelps set a record or two in Rio, but investors last week achieved a milestone that hadn’t happened since the last day of the 20th century — they drove the Dow Jones Industrial Average, the S&P 500 and the Nasdaq to all-time highs on the same day.And while a lackluster retail sales report ended the week on a down note, all three of the major indexes are now comfortably up for the year and have among them hit 21 new highs since July 1 — after failing to register even one during the first half of the year. …
Source:: Vail Daily Feed
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