Dow +30.23 at 11565.21, Nasdaq +6.87 at 2674.92, S&P +4.52 at 1259.24

Market news

22 December 2010

Dow +30.23 at 11565.21, Nasdaq +6.87 at 2674.92, S&P +4.52 at 1259.24

Stocks have stretched their gains so that the three major indices are now at their best levels of the day, despite the lack of any clear catalyst or headline. More impressive is that the stock market's recent string of gains puts it at its best level since before the collapse of Lehman Brothers in 2008.

EUR/CHF remains under pressure

US DATA: Nov exist home sales +5.6% to 4.68 mln (4.75m expected) with Oct's 4.43 unrevised.

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