Stocks Dropped For Second Straight Week Amid Strengthening Economic Reports
Despite political upheaval in Washington, D.C. and a decline in stock prices for the second week in a row, the economy showed strength last week.
The Standard & Poor's 500 stock index, a barometer of America's promise, suffered its second consecutive weekly decline, closing at 2425.55. But the decline for the week was less than 1% and Friday's close was only about 2.5% off the all-time high close of 2480.91, reached on August 7, and it came as economic data continued to suggest the 96-month old expansion and bull market was continuing to gain strength.
© 2020 Advisor Products Inc. All Rights Reserved.
- 17 Year-End Moves That Can Preserve Your Tax Benefits
- Finding The Balance For Retirement Draw-Downs
- Key Components Of A Post-Divorce Estate Plan
- With Stocks Near All-Time High, Personal Income And Employment Data Are Released
- How Strategic Asset Allocation And Rebalancing Worked In The 12 Months Ended June 30
- Wall Street's "Top" Strategists' Recommendations Are Like Monkeys Throwing Darts
- Five Documents At The Core Of An Estate Plan
- 10 Common Questions On Social Security Benefits
- Plan For Retirement At Different Stages Of Life
- Are You Still On Target For A Secure Retirement?
- Stronger Than Expected Jobs Creation But CNBC Reports "Trouble Lurked"
- S&P 500 Returned 2.9% In 2nd Quarter And 9.2% In First Half Of 2017
- Despite Distractions, Demographics Are Poised To Drive U.S. Long-Term Growth
- Live Longer And Prosper In Your Golden Years
- The Federal Reserve's Historic Economic Experiment Entered A New Phase