Daily Recap for July 7th

Strong retail sales and jobs data sent the Nasdaq Composite soaring to 11 -year highs and the S&P 500 to nearly two-month highs, as the PowerShares QQQ Trust ETF (QQQ) climbed over 1.5%, while the SPDR S&P 500 ETF (SPY) finished the session up over 1%. Commodities rallied as well, led by copper and crude up over 2% with investors seeing a potential re-acceleration of US economic...

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