Certified Financial Group
08-10-2015, 05:04 PM
The Markets
Market close August 7, 2015 - It could be the result of an impending interest rate hike in September, or slumping oil prices, or lackluster earnings reports from some major companies, or it could be just summer doldrums, but the stock market definitely languished this past week as it has for most of the summer. The Dow continued its losing streak, falling over 300 points by week's end. The S&P 500 and Nasdaq followed the trend as well. But the week's biggest loser was the small-cap Russell 2000, which dropped 31 points, or over 2.5%.
Read the rest of the story (http://financialgroup.com/market-update/).
Market close August 7, 2015 - It could be the result of an impending interest rate hike in September, or slumping oil prices, or lackluster earnings reports from some major companies, or it could be just summer doldrums, but the stock market definitely languished this past week as it has for most of the summer. The Dow continued its losing streak, falling over 300 points by week's end. The S&P 500 and Nasdaq followed the trend as well. But the week's biggest loser was the small-cap Russell 2000, which dropped 31 points, or over 2.5%.
Read the rest of the story (http://financialgroup.com/market-update/).