After two days of broad gains, the split between high-tech and so-called old-economy stocks re-emerged.
Shortly after the market saw broad gains in October 1973, it began spiraling downard into the worst collapse since the Depression.
But that is very different from saying that a majority of workers share in those broad gains.
The Nasdaq composite index advanced 4.26 points, to close at 455.63, with technology stocks making broad gains.
Four of the nation's largest retailers reported broad gains today in third-quarter earnings.
Officials of the centers in Atlanta said the trends reflected "broad gains in the nation's health," and experts offered a variety of reasons for them.
And so this year's broad gains this late in a bull cycle seem odd.
S an example, he points out, the United States economy has failed to deliver rapid and broad gains in living standards for nearly two decades.
As the broad gains in technology stocks grew spotty this year, the race intensified to rope in the high-quality prospects - the Amazon.coms of tomorrow.
Buoyed by a positive outlook for interest rates and the dollar, stock prices made broad gains yesterday.