The Markets The S&P 500 Stock Index (SPX) came back with a roar as the index rose to close at 2786.57, up 3.54% for the week.
S&P 500 index down 6.4% from high mark
The Markets The S&P 500 Stock Index (“SPX”), our preferred proxy for the U.S. stock market, closed out the week at 2691.25, down 2.4 percent for the week, and down about 6.4 percent from its recent high mark near the end of last month.
Money supply is blood supply of economy
The Markets The venerable S&P 500 Stock Index ended the week with a small but productive gain of 0.55 percent. The market bobbed around a bit but held its ground for the week following its 10 percent decline early in the month and then its recovery of about half that value by mid-month. It remains […]
Dollar falls to lowest point in 3 years
The Markets The stock market, as represented by the S&P 500 Stock Index (“SPX”) continued in a classic “correction” behavior. Also, the dollar fell to its lowest point in three years.
Markets move downward
The Markets The S&P 500 Stock Index (SPX) along with the rest of the equity indices proved as February began that they can move downward as well as up. The SPX ended the week down 3.85 percent to close at 2762.13. The Index remains up over 20 percent for the last 12 months and is […]
Gross domestic product growth increase 2.3%
The Markets For the week ending on Jan. 26, the S&P 500 (SPX) set another record, its 14th this month, closing at 2872.87, up 2.23 percent for the week. As January draws to a close, the SPX is up 7.45 percent just for this month! Even that pales with the one-year rise of over 25 […]
Long-term indicators still point to continue growth
The Markets The S&P 500 Stock Index (SPX) closed out the third week of the year with a solid gain of 0.86 percent putting the index up 5.11 percent in 2018 and a whopping 23.73 percent since this time last year, closing at 2810.30, an indicator of continued growth.