Dow Jones Hits All-Time Highs; Sprouts, Netflix, MercadoLibre In Focus

Stock Market Today With IBD

The Dow Jones industrial average hit a new all-time high intraday but the power didn’t last. The Dow and Russell 2000 fared the best but weakness in technology dragged down the Nasdaq composite and S&P 500. Still, the pause here isn’t necessarily a bad thing. Sprouts Farmers Market showed a nice pop above 100 after consolidating gains from its last earnings report. Netflix looks like it could but in a handle here as it hits all-time highs and MercadoLibre might give an add on entry as it consolidates around 2000.