The Dow Industrials Average was up .43% this week, followed by the S&P 500 – higher by .15% – and the NASDAQ, which moved ahead by .24%, as technology stocks advanced 1.3%, taking a back seat to REITS and consumer staples, up 1.8% and 1.5%, respectively. Telecoms faltered by 4.5%. With the economy chugging along, the Federal Reserve is still on track to move short term rates higher by another .25% by year end.
Apologies for the late and abbreviated post. Still traveling on the West Coast. All should return to normal as the week moves ahead.