Market Commentary, 08/08/16

A 1% rally on Friday rescued a losing week, pushing U.S. markets into positive territory for the week.  The Dow closed the week up 0.60% at 18,543.53 and the S&P 500 gained 0.43% to close at 2,182.87. The likely reason for the late week rally was the labor department reporting the U.S. economy ...
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Market Commentary, 05/31/16

Last week the Dow Jones Index closed at 17,873, representing its first weekly increase in six weeks. The S&P 500 also posted a weekly gain to close at 2,099 on Friday. Stocks were largely flat Monday, Thursday, and Friday on relatively low volume, but surged on Tuesday and Wednesday. These gains...
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Market Commentary, 05/09/16

Stocks recorded their second week of losses, although a rally on Friday limited the declines. The Dow closed today at 17,705.91, which is down over 390 points (-2.2%) from the recent April 20 high. The S&P closed the day at 2,058.69, for a decline of 2.08% from the same April 20 high. In U.S. ec...
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Market Commentary, 04/15/16

The U.S. stock market surged early in the week, but tapered off to close at 17,897.32 on the Dow and 2,080.73 for the S&P 500. The choppy trading at the end of the week comes as traders are expressing some uncertainty in the short term outlook following recent gains. These week ending woes may a...
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Market Commentary, 03/24/16

The U.S. stock market declined for the second day to close yesterday at 17,503.34 on the Dow and 2,036.66 for the S&P 500. Intraday levels indicate another down market today. Both indices have rallied from their respective intraday market lows on February 11th of 15,503 and 1,810. This movement,...
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