The week closed on a reasonably quiet session that noticed the Dow lastly punch its method again above the breakeven mark for 2020 for the primary time since February.The foremost information Friday was a Commerce Division shopper spending report that confirmed a 1.9% enchancment in July. Not fairly June’s 6.2% achieve, however nonetheless higher than anticipated.”Nevertheless, spending may decline within the coming months within the absence of latest fiscal stimulus, together with enhanced unemployment advantages,” Argus Analysis notes.Commercial – Article continues belowU.S. items commerce volumes additionally elevated in July, with exports climbing 12.1%, the second consecutive month-to-month double-digit enchancment.”The surge in imports, in our view, bodes effectively for the outlook for enterprise funding in coming months,” write Barclays Funding Bank’s Michael Gapen and Pooja Sriram. “As well as, altering family spending patterns and a shift towards shopper durables and away from providers has led to strengthening items imports and the widest items deficit since late 2018.”The Dow Jones Industrial Common gained 0.6% to 28,653, ending in constructive territory year-to-date for the primary time since Feb. 21. The blue-chip index is now up 0.5% on the 12 months.Different motion within the stock market in the present day:The S&P 500 climbed 0.7% to an all-time excessive of three,508.The Nasdaq Composite rose 0.6% to a document 11,695.The small-cap Russell 2000 improved by 0.9% to shut at 1,578.Get Prepared for a Busy MondayFriday may need been a snorer, however buyers have lots to sit up for come Monday. Tesla (TSLA) will start buying and selling on a split-adjusted foundation following its 5-for-1 stock cut up – similar goes for Apple (AAPL), whose 4-for-1 cut up will go into impact.We’ll additionally get a revamped Dow Jones Industrial Common, because the index replaces a number of parts without delay for the primary time since 2013. Which means waving goodbye to Pfizer (PFE), Raytheon Applied sciences (RTX) and Exxon Mobil (XOM), and saying hey to Salesforce.com (CRM), Honeywell (HON) and Amgen (AMGN).In between right here and there, you might have a few days to brush up on the “sensible cash’s” newest strikes.Yesterday, we pointed you to a few dozen important stock sells by billionaires, hedge funds and advisories. Effectively, in the present day, we’re breaking down a few of their most beloved holdings, together with a quantity that have been bulked up in the course of the second quarter. Sure, mimicking each billionaire transfer is not essentially a recipe for achievement. (Certainly, some professionals have been shopping for what others have been promoting final quarter!) However these big-money buyers have analysis entry and insider connections you’ll be able to solely dream of – making their stock picks worth a deeper look. Try the latest 50 high stock picks of the billionaire set.