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Richard’s Thoughts on Long-Term Returns

Daily Recap

At the risk of sounding like a broken record, stocks once again edged higher as economic data came in at par or better and geopolitical concerns remained temporarily muted. The Dow Industrials added to their recent string of gains, notching their eighth straight quarter of higher prices - the longest stretch since 1997.

 

Not to be outdone, the S&P 500 rose 0.37% to set another new all-time high. Ditto for the Nasdaq, which gained 0.66%. The Transports also took part in the festivities, rising 27 points or 0.28% - also a new all-time high.

 

International markets also rallied, with just about every major index in the green. In Europe, gains across all major markets led to a 0.47% gain in the Stoxx 600 and a 0.76% gain in the Europe Dow. Over in Asia, green was also the color of the day as the Asia Dow gained 0.65%. In turn, the Global Dow ... Log in or subscribe to continue reading.


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