Roland Stoever: Market Week: March 12, 2018

Monday, Mar 12, 2018

Roland Stoever
Stoever Glass & Co., Inc.
Phone: (212) 952-1910
P: (800) 223-3881

The Markets (as of market close March 9, 2018)

Last week's jobs report appears to have quelled investor fears, at least for the time being. Each of the indexes listed here posted impressive weekly gains, led by the tech-heavy Nasdaq and the small-cap Russell 2000, each of which gained over 4.0%. While the February employment figures saw over 300,000 new jobs added, meager wage growth didn't support accelerating inflation. Last week's rebound also pushed the major indexes ahead of their 2017 year-end values.

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