Roland Stoever: Market Week: November 13, 2017

Monday, Nov 13, 2017

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

The Markets (as of market close November 10, 2017)

Trepidation over proposed tax reform took a toll on large caps last week, ending what had been a run of consecutive weekly positive returns. The small caps of the Russell 2000 were particularly hit, sending that index down over 1.30%. Rising oil prices pushed energy stocks higher, but not enough to offset falling stock prices across much of the market. A light economic calendar probably accounted for long-term bond yields remaining largely unchanged from the prior week.

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