Roland Stoever : Market Week: April 10, 2017

Monday, Apr 10, 2017

Roland Stoever
Stoever Glass & Co., Inc.
P: (800) 223-3881
E: roland@stoeverglass.com

 

Stocks gave back the prior week's gains as each of the indexes listed here lost value by last Friday's market close. The small-cap Russell 2000, which had gained over 2.0% the prior week, fell over 1.5% and is once again in danger of falling below its year-end closing value. Energy stocks rallied midweek, riding the increase in oil prices. However, that surge wasn't enough to keep the large-cap Dow from falling back a bit. The labor report, while positive, came in well below expectations, which may have dampened investor enthusiasm by the close of the markets last Friday. 

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