Buy the dip for the win: US equities close at the highs of the day

<p>Closing changes for the main US equity indexes:</p><ul><li>S&amp;P 500 +0.9%</li><li>Nasdaq Comp +0.5%</li><li>DJIA +1.2%</li><li>Russell 2000 flat</li><li>Toronto TSX Comp (closed for holiday)</li></ul><p>Apple shares were a drag on the main market indexes early and they fell to flat on the day but buy-the-dip won again, leading to some nice gains for big caps. The inability for small caps to rally is a bit of a concern but that might come when there are better signs that the Fed is done hiking or is ready to cut (without a tough recession).</p><p>The Russell 2000 is showing some indecision.</p>

This article was written by Adam Button at www.forexlive.com.