Market Update

Market Up Date 2/3/2017

Posted by on Feb 3, 2017 in Market Update | Comments Off on Market Up Date 2/3/2017

  Stocks, bonds up after jobs report. (10:36am ET) Investors are pushing equities and bonds higher this morning as they sift through an Employment Situation Report that saw jobs come in ahead of expectations while the unemployment rate ticked up. The major U.S. indexes closed little changed Thursday as investors held steady in anticipation of the report. Defensive sectors were the biggest movers; real estate (+1.3%), utilities (+1.0%), and consumer staples (+0.8%) topped the leaderboard, while telecom (-1.3%) lagged. Overseas Friday, the Nikkei closed flat while the Shanghai Composite slipped 0.6% as it reopened after the long holiday. Major European markets that...

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Market Update 01/27/2017

Posted by on Jan 28, 2017 in Market Update | Comments Off on Market Update 01/27/2017

            Posted by lplresearch Equities little changed in early trading. (10:00am ET) U.S. markets are flat to modestly higher this morning following yesterday’s session, which saw the Dow (+0.8%) finally cross and close above the 20,000 mark. The S&P 500 also closed higher by 0.8% as interest rate sensitivity drove sector performance; the heavily-weighted financials sector (+1.7%) outperformed while real estate (-0.7%) and telecom (-0.2%) lost ground. Asian equities advanced overnight, led by Japan’s Nikkei (+1.8%) after Prime Minister Shinzo Abe said that a bilateral trade deal with the U.S. was possible despite President Donald Trump’s...

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