Bellevue Perspectives

Monday Minute

  • Stocks pushed through new highs last week as earnings continued to beat estimates. The U.S. – China trade talks see-sawed as usual, but markets stayed focused on global growth and economic fundamentals instead of headlines and rhetoric.  The Dow Jones Industrial Average finished 1.2% higher on the week and closed at a new record 27,681.24. The S&P 500 was higher for a fifth straight week, gaining 0.8% to end at a fresh closing high 3,093.08.  This morning the markets trade off the highs as the situation in Hong Kong escalates and trade talks sour.
  • Happy Veterans day and a sincere thank you to all who have served and those currently in the service.

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This document was created for informational purposes only; the opinions expressed are solely those of the team and do not represent those of Hightower Advisors, LLC, or any of its affiliates.