Stoever Glass & Co., Inc.
Phone: (212) 952-1910
P: (800) 223-3881
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.
Please click on the PDF to read the full article.