Mixed Moves
Indices closed out Friday’s abbreviated, post-Thanksgiving session with mixed moves in light volume action.
Indices closed out Friday’s abbreviated, post-Thanksgiving session with mixed moves in light volume action.
The Dow and S&P 500 closed at yet another record level Wednesday. Hewlett-Packard stood out among advancers in the wake of respectable quarterly results released after the closing bell on Tuesday.
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Tuesday’s session ended slightly in the green zone. Brands such as Apple and Tiffany & Co. stepped up. The Nasdaq closed above 4,000 for the first time in 13 years.
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Indices ended mixed on Monday. The Dow closed at a new record level. The Nasdaq hit a 13-year high intraday before retreating slightly to land in green territory. The S&P 500 shed some points.
This week on “Money Talks” your hosts talk with Barry Loudermilk who is running for election to the U.S. House, representing the 11th congressional district of Georgia. The hosts also discuss the Dow’s climb to 16,000, the Consumer Price and Producer Price indices and answer listeners’ questions on La-Z-Boy Inc. and investing with the goal of capital preservation with income investments.
Investors pushed the Dow Jones Industrial Average above 16,000 despite keeping a close eye on the Fed’s taper plans.