green arrowU.S. stock indexes powered closer to 2012 highs on strength in the tech sector, hopes for more central bank support and stabilization in Europe.

For the day, the Dow Jones Industrial Average (NYSEARCA:DIA) gained 85 points, 0.65%, the S&P 500 (NYSEARCA:SPY) added 0.71%, the Nasdaq 100 (NYSEARCA:QQQ) jumped 1.2% and the Russell 2000 (NYSEARCA:IWM) climbed 1.1%.

Facebook crumbled to new lows but activity in Cisco and the balance of the tech sector led to a green close for the Nasdaq (NYSEARCA:QQQ)

Today’s closing prices bring the Dow Jones Industrial Average (NYSEARCA:DIA) to within 29 points of its May 1st closing high and the S&P 500 now stands just 4 points from its April 2nd closing high.

Today’s action came on mixed economic

Dow Jones Industrial Average (NYSEARCA:DIA) and S&P 500 (NYSEARCA:SPY) gave up ground as Nasdaq (NYSEARCA:QQQ) hung on to slim gains to start the new trading week.

The S&P 500 (NYSEARCA:SPY) rallied late in the day but failed to close in the black to lose its longest winning streak since the end of 2010.

Headwinds materialized from reports indicating a slowing Japanese economy and that, combined with thin summer trade, generated the S&P 500′s (NYSEARCA:SPY) first loss in a week.

For the day, the Dow Jones Industrial Average (NYSEARCA:DIA) fell 38 points, or 0.29%, the S&P 500 (NYSEARCA:SPY) fell 0.13%, the Nasdaq 100 (NYSEARCA:QQQ) climbed 0.2% and the Russell 2000 (NYSEARCA:IWM) fell 0.26%

The global economy continued slowing which cast a

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