Roland Stoever: Market Week: July 24, 2017

Monday, Jul 24, 2017

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

The Markets (as of market close July 21, 2017) 

Except for the Dow, each of the indexes listed here posted modest gains by the close of last week. Favorable corporate earnings reports helped boost the S&P 500 and the Nasdaq, which performed the best. The Russell 2000 gained almost 0.50% and the Global Dow inched ahead a little over 0.1%. Year-to-date, the tech-heavy Nasdaq leads the way as it surges toward a 20.0% gain, followed by the Global Dow, the S&P 500, the Dow, and the Russell 2000. Low inflation may be influencing investors to move away from Treasuries, as yields fell sharply last week. A midweek push in oil prices wasn't enough to keep them from closing the week below $46 per barrel.

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