Certified Financial Group
11-16-2015, 05:33 PM
The Markets
As of market close November 13, 2015 - Stocks fell sharply this week, possibly in anticipation of the Federal Reserve's impending interest rate hike, maybe as soon as next month. The Dow lost a little over 665 points, or 3.71%, closing the week at 17245.24. The S&P 500 fell 3.63%, and the Nasdaq, which had been a consistent gainer, dropped over 4%. Last week's declines follow an October during which equities climbed out of a summer slump to register positive gains year-to-date. Those gains have dissipated for the most part, with only the Nasdaq ahead of last year.
Read the rest of the story (http://financialgroup.com/market-update/).
As of market close November 13, 2015 - Stocks fell sharply this week, possibly in anticipation of the Federal Reserve's impending interest rate hike, maybe as soon as next month. The Dow lost a little over 665 points, or 3.71%, closing the week at 17245.24. The S&P 500 fell 3.63%, and the Nasdaq, which had been a consistent gainer, dropped over 4%. Last week's declines follow an October during which equities climbed out of a summer slump to register positive gains year-to-date. Those gains have dissipated for the most part, with only the Nasdaq ahead of last year.
Read the rest of the story (http://financialgroup.com/market-update/).