... the Nasdaq has closed higher on a monthly basis for seven months in a row now, which is its longest running streak since the December 1994 to September 1995 rally, which lasted for 10 months straight... Back to today, volume was anemic ahead of the long Labor Day weekend and, therefore, today's action should be viewed with some apprehension since the market is prone to large swings on the days when volume is light... Nonetheless, it's noteworthy that the Nasdaq, S&P 400, and the Russell 2000 managed to reach new 52-week highs on a closing basis today... As a result, the vast majority of the sectors closed the day in the green, with only the oil services and housing groups showing losses...
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