Roland Stoever : Quarterly Market Review: July-September 2016

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

 Following the upheaval caused by the Brexit vote in June, July kicked off the third quarter by ending the month in favorable fashion, as each of the indexes listed here posted month-to-month gains, led by the Russell 2000 (5.90%) and the Nasdaq (6.60%). Stocks held their own for July, despite falling energy shares, as crude oil prices (WTI) sank from around $49 per barrel to under $42 by the close of July. As money moved into equities, bond yields remained on the low side as the yield on 10-year Treasuries remained below 1.60%, closing July at just about where it started at 1.45%.

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10/5/2016 | The Markets (as of market close September 30, 2016) The second quarter provided a bumpy ride for investors.
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