Roland Stoever : Market Week: August 27, 2018

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

The Markets (as of market close August 24, 2018)

Despite a week that included yet more tariff trepidations and negative headlines on the political front,
investors celebrated last Friday as several indexes hit new highs. The S&P 500 reached its first record
since January, and cemented the current bull run as the longest in history. The Nasdaq and Russell 2000
also broke records, rising by 1.66% and 1.93%, respectively. Stock investors seemed to be reassured by
Fed Chairman Jerome Powell's optimistic comments during Friday's conference of central bankers in
Jackson Hole, Wyoming.

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08/27/2018 | Despite a week that included yet more tariff trepidations and negative headlines on the political front, investors celebrated last Friday as several indexes hit new highs.
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