Weekly market update: Global stocks rose on what else

Newsletter | April 9, 2019

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Weekly news

and updates

Market update by

Todd Day, MBA

Portfolio Manager

Global stocks rose on what else—trade talk optimism

Global stocks markets rose on upbeat U.S. economic data and signs of progress in China/U.S. trade negotiations. The Dow gained 1.95%, the S&P 2.09%, the NASDAQ 2.73% and the Russell 2000 gained 2.8%. The S&P 500 had its longest winning streak in over 18 months. Following last week’s nice gains for the major averages, a number of them are pushing into extremely overbought territory. ..

"Teach thy tongue to say, 'I do not know,' and thou shalt progress."

– Maimonides

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