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U.S. stocks built on the previous week’s gains, helped by some strong economic reports and positive earnings surprises. All of the major indexes finished solidly in the green. The Dow Jones Industrial Average rose 1.6% to finish the week at 35,295. The technology-heavy NASDAQ Composite rebounded 2.2%, closing at 14,897. By market cap, the large cap S&P 500 gained 1.8%, while the mid cap S&P 400 and small cap Russell 2000 finished up 2.2% and 1.5%, respectively.

While we are seeing conflicting signals, many of our overall short and long-term indicators have remained positive. With that being the case, we have continued giving the market the benefit of the doubt. We’ll continue to monitor market conditions, ready to make changes when the market inevitably comes under pressure.