Stoever Glass & Co., Inc.
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The Markets (as of market close October 20, 2017)
The Dow jumped 2.00% last week, reaching 23000 for the first time in its history. Strong corporate earnings and the anticipation of Congress reaching a budget resolution swayed investors toward equities. Each of the benchmark indexes listed here posted weekly gains, although not as considerable as the more narrowly focused Dow. Year-to-date, equities have surged ahead of their 2016 closing values, led by the Nasdaq (up over 23%), followed by the Dow, Global Dow, S&P 500, and the Russell 2000, which, while trailing the pack, is still over 11% ahead of last year's closing value.
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