John Conlon | Source | Chief Equities Strategist, People's United Advisors at People's United Advisors

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John Conlon

Chief Equities Strategist, People's United Advisors at People's United Advisors
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  • Nasdaq tops 9,000 on boosts from Amazon, trade optimism

    The Nasdaq crossed the 9,000-point mark for the first time on Thursday as all three major Wall Street indexes posted record closing highs, boosted by optimism over U.S.-China trade relations and gains in shares of Amazon.com after a report signaled robust online holiday sales.

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  • The important part is that the online sales were much stronger than expected. The brick-and-mortar were less than expected, so the online sales, and principally Amazon, saved the day.

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