Roland Stoever : Market Month: October 2016

Thursday, Nov 3, 2016

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

 

The Markets (as of market close October 31, 2016)

Trading in the early part of October saw equities respond negatively to rumors of a pullback on stimulus measures by the European Central Bank, which ultimately proved to be unfounded. Each of the indexes listed here closed the first week of October below their respective September closing values, except for the Global Dow, which eked out a marginal gain. Markets continued their tailspin during the second week of October led by the Global Dow and Nasdaq, each of which lost close to 1.5%.

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