Roland Stoever: Market Week: November 20, 2017

Monday, Nov 20, 2017

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

The Markets (as of market close November 17, 2017

Last week saw a mixed bag of returns as the large caps of the Dow and S&P 500 lost value for the second consecutive week, while the tech-heavy Nasdaq and small caps of the Russell 2000 posted gains. Major gains from consumer companies such as Wal-Mart Stores, which reported its strongest sales in several years, weren't enough to offset falling energy stock prices. On the other hand, the Nasdaq posted a gain of almost 50.0%, while the Russell 2000 was the leader by far, climbing 1.19%. Long-term bond prices didn't move much, as the yield on 10-year Treasuries inched up only 2 basis points.

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