Market Commentary, 06/05/17

Last week stocks rallied for a second week as all three of the major US benchmarks reached new highs. Gains were broad-based as the Dow Jones Industrial Average gained 126 points to close at 21,206, an increase of 0.6% and a new record high. The S&P 500 managed a gain of 0.96% to also reach [&he...
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Market Commentary, 05/23/17

The major averages moved higher for the fourth straight session, largely offsetting the sell-off last Wednesday. In fact, the Dow closed today at 20,937, just 0.2% from last Tuesday’s close, while the S&P finished within 0.1%, closing at 2,398. Many traders felt the pullback last Wednesday was...
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Market Commentary, 04/12/17

US Stock indices closed last week slightly down, with the Dow losing 0.03% and the S&P posting a 0.30% loss. (finance.yahoo.com) Economic data weighed on markets early last week as Monday’s auto sales badly missed estimates. That caused the S&P 500 to dip slightly, down 0.16% while stocks ...
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Market Commentary, 03/13/17

US Stock indexes bounced off the lows of the day on Friday to finish moderately up. This tick upward is likely due to February’s payroll numbers, which reported 235,000 new jobs created in February. This represents a 23% increase over the expected 190,000 jobs. Since the March 1st high, the Dow is...
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Market Commentary, 03/01/17

The Dow closed down on Tuesday (02/28/17), snapping a historic string of twelve consecutive all-time high closes, matching the prior longest streak in January of 1987. In its 120-year history, the Dow has never achieved a 13-day streak of records. Today the Dow gained 303, closing at 21,115. The S&a...
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