The Closing Look

Stocks rallied on Wednesday, helping the Dow Jones Industrial Average come within striking distance of 20,000. Once again, Financials, Industrials and transportation stocks led the way higher and have largely been the primary beneficiaries of the post election rally. FedEx (FDX) and Nike (NKE) are both schedule to report earnings after the bell.

Gary’s Thoughts: FDX coughs one up but no biggie. Won’t take much to get the awaited 20,000 but all take a breath. Just a number. Trading gonna slow soon.