Metals Surge Again – February’s Weak History In Focus

[Chart courtesy of MarketWatch.com][Chart courtesy of MarketWatch.com]Moving the marketThe Dow briefly tagged a new record high early on as traders kept rotating out of tech and into more economy-sensitive names.The broader market had a mixed day, but the tone felt like “value and cyclical stocks are back in play” after recent weakness.In healthcare, Merck jumped more than 3% (and was the Dow’s biggest gainer at +3.5%) after crushing Q4 earnings and revenue on strong demand for its cancer immunotherapy and ...