WEEKLY UPDATE Weekly Review This past week the stock market continued to move higher with the NASDAQ Composite Index, the small-cap Russell 2000 Index, and the S&P 500 index recording new highs. Investors shifted their focus to the Trump administration’s announcement of a new tax plan that sounded beneficial to the economy and middle class,…
Tag: Weekly Updates
Financial Friday
WEEKLY UPDATE Weekly Review This past week investors were more focused on macro events than on individual economic reports. Stock market sentiment was negatively impacted by continuing geopolitical troubles with North Korea and its nuclear weapons testing program, the weekend arrival of potentially catastrophic Category 5 hurricane Irma in Florida, and waning confidence in Congress…