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The Markets (as of market close January 4, 2019)
Stocks posted solid gains by the close of the first week of the new year. A favorable jobs report helped
push the benchmark indexes listed here higher last Friday, as stocks recovered from an ominous start at
the beginning of the week. Helping ease investors' fears of a slowing economy, Fed Chair Jerome Powell
indicated economic data is pointing to a good start to the economy in 2019, but, more importantly, the
Federal Reserve is amenable to making adjustments if necessary. The small caps of the Russell 2000 led
the way last week, followed by the Nasdaq and the Global Dow. The large caps of the S&P 500 and the
Dow also advanced by more than 1.50%.
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