Roland Stoever: Market Week: May 15, 2017

Roland Stoever

Stoever Glass & Co., Inc.

P: (800) 223-3881

E: roland@stoeverglass.com

  

The Markets (as of market close May 12, 2017)

Lackluster economic data (weak price gains and import prices that are outpacing export prices), coupled with some not-so-strong quarterly corporate earnings reports, kept trading down last week. Only the Nasdaq posted weekly gains as each of the benchmark indexes listed here lost ground against their respective prior week's values. The leading loser was the small-cap Russell 2000, which dropped over 1.0%. The yield on 10-year Treasuries fell slightly as prices crept higher. Despite last week's marginal tailspin, each of the indexes listed here are still well ahead of their 2016 closing values.

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05/15/2017 | Lackluster economic data (weak price gains and import prices that are outpacing export prices), coupled with some not-so-strong quarterly corporate earnings reports, kept trading down last week.
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