Roland Stoever: Market Week: November 6, 2017

Monday, Nov 6, 2017

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

The Markets (as of market close November 3, 2017)

The benchmark indexes were mixed last week as large caps and tech stocks performed well, while small caps took quite a hit. The S&P 500 closed the week posting gains for the eighth straight week. The small caps of the Russell 2000 lost almost 1.0%. Technology and energy stocks performed well. Economic and political news also may have shaped the market last week as the Fed decided to hold short-term interest rates steady, and the president nominated a new chairman of the central bank to succeed Janet Yellen. Long-term bond yields fell as investors pushed bond prices higher.

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