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The Markets (as of market close December 28, 2018)
A crazy week of market swings finally closed with each of the benchmark indexes listed here posting gains
for the first time in three weeks. Christmas Eve (Monday) saw stocks drop precipitously heading into the
holiday, surely putting a damper on festivities for some investors. The Dow fell over 19% from its peak early
Wednesday, only to surge by the end of the day. By week's end, each of the benchmarks listed here posted
gains led by the Nasdaq, which climbed almost 4.0%, followed by the Russell 2000, the S&P 500, the Dow,
and the Global Dow. While the bond market was generally quiet, long-term bonds saw yields reach a
nine-month low as bond prices soared. Despite last week's positive returns, it is unlikely that the indexes
listed here will gain enough on New Year's Eve to close the year ahead of last year's ending values.
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