U.S. stocks were modestly higher last week but enough to keep the five-week old rally alive.
Despite a hurricane-impacted loss of 33,000 jobs in September, Friday’s employment report came in better than expected in other respects, raising prospects of a rate increase by the Federal Reserve later this year.
Week in Review September 29, 2017
U.S. stocks recorded strong gains again in the third quarter, with the S&P 500 and NASDAQ ending September at record levels and the Dow Jones Industrial Average closing just below its all-time high.
Week in Review September 22, 2017
U.S. stocks were little changed last week, a week after recording one of their best performances of the year.
Week in Review September 15, 2017
Global stocks rebounded sharply last week and bond yields spiked, as investors largely ignored another threatening missile launch by North Korea over Japan and a terrorist bombing in London.
Week in Review September 8, 2017
Stock prices and bond yields fell last week as nervous investors braced for another major American hurricane and the next round of threats from North Korea.
Week in Review September 1, 2017
Despite Hurricane Harvey and renewed tensions with North Korea, U.S. stocks were broadly higher last week, propelled by a string of solid economic reports.