Weekly Financial Market Update April 20, 2018
April 23, 2018
U.S. stocks extended their gains from the week of April 9th despite weakness on last Thursday and Friday. Led by the energy and industrial sectors, the Dow Jones Industrial Average, S&P 500 Index and NASDAQ Composite Index all advanced at least 0.4% last week. Industrial metal prices, including aluminum and iron ore, posted some of last week’s biggest gains against a backdrop of Russian sanctions.
Additionally, earnings season was in full swing this past week as 57 S&P 500 companies reported positive quarterly results headlined by Bank of America Corp., Netflix Inc., Johnson & Johnson, Goldman Sachs & Co., and International Business Machines.
Please click on the link below to read more about the above topics as well as last week's notable economic headlines including March retail sales.