Table of Contents
Featured Article: Looking Beyond Politics
Economic Calendar
Quote of the Week
Recipe of the Week: Mustard Crusted Meatloaf
Tax Tips
Golf Tips
Healthy Lifestyle
Green Living
Looking Beyond Politics
Markets went for a wild ride last week—especially on Friday. In fact, on December 1, the S&P 500 had its largest fluctuations since the day after the 2016 presidential election. Nonetheless, two of the major domestic markets hit new record highs on Thursday and ended the week with sizable gains. The S&P 500 added 1.53% and the Dow gained 2.86%. Meanwhile, the NASDAQ lost 0.60% and international stocks in the MSCI EAFE gave back 0.95%.
What drove markets last week?
Politics played a large role in market performance last week with big developments on tax reform and the Russia investigation.
Tax Reform
On Thursday, news that the Senate bill was more likely to pass contributed to the Dow and S&P 500 closing at record highs. Early Saturday morning, the Senate did end up voting in favor of the proposal.
CONTINUE READING
- « Previous
- 1
- …
- 24
- 25
- 26