Market Commentary for the week of February 18, 2019
Submitted by Oram & Kaylor on February 18th, 2019The Markets
The Markets
The Markets
The Markets
The Markets
Here we are again … year-end, market turmoil and the holidays. This is supposed to be good old Saint Nick’s holiday, yet it is turning out to be Krampus’ party. Krampus? What did we do wrong? Nothing says Fed head Jerome Powell. Ah not to worry, good old Saint Nick will save us after all … RIGHT?
The Markets
Stocks fell sharply Friday. Disappointing data out of China and Europe stoked concern over sluggish global growth. For the week, the Dow fell 1.17 percent to finish at 24,100.51. The S&P dropped 1.22 percent to finish at 2,599.95, and the NASDAQ lost 0.84 percent to end the week at 6,910.67.
The Markets
The Markets