Market Commentary

Market Commentary

Market CommentaryFor the week of December 2, 2019 The Markets The major indices fell Friday after China’s foreign ministry warned of unspecified retaliation against the U.S. after President Trump signed legislation supporting Hong Kong protesters. Despite Friday’s losses, the major averages rose for the week and posted strong monthly gains. For the week, the Dow rose 0.75 percent to close at 28,051.41. The S&P gained 1.04 percent to finish at 3,140.98, and the NASDAQ cl
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Market Commentary

Market CommentaryFor the week of November 18, 2019 The Markets All three major indexes hit record highs Friday after White House economic adviser Larry Kudlow said current China-US negotiations are “very constructive.” The Dow hit 28,000 for the first time ever. The S&P 500 and the NASDAQ also broke records. For the week, the Dow rose 1.24 percent to close at 28,004.89. The S&P gained 0.94 percent to finish at 3,120.46, and the NASDAQ climbed 0.77 percent to end at
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Market Commentary

Market CommentaryFor the week of November 11, 2019 The MarketsStocks closed higher Friday despite losses earlier in the day after President Trump told reporters he had not agreed to reduce tariffs on Chinese imports. All three major indexes still closed at record highs and ended higher for the week. For the week, the Dow rose 1.37 percent to close at 27,681.24. The S&P gained 0.93 percent to finish at 3,093.08, and the NASDAQ climbed 1.06 percent to end the week at 8,475.31. Re
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