Market Week: August 16, 2021
U.S. stock markets were mixed this week, but both the S&P 500 and the DJIA were able to squeeze out modest gains on their way to new record highs.
U.S. stock markets were mixed this week, but both the S&P 500 and the DJIA were able to squeeze out modest gains on their way to new record highs.
The first week in August ended well for investors, as the three large-cap U.S. indices all hit record closing highs…
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It was a very busy summer week, with lots of earnings reports, economic data, meetings from the Fed, and more COVID worries; but when it was over, markets ended mixed.
Despite starting the week in worrisome territory, the markets rebounded as investors “bought-the dip,” pushing the S&P 500, NASDAQ and DJIA to record highs by week’s end…