Last updated: Mar-24-2017

    
 
Market wrap Feb. 10, 2017: Indices close at record highs
3/26/2017 4:53:53 PM
HOME : FEATURES : COLUMNS : Market wrap Feb. 10, 2017: Indices close at record highs
Show Printable Version Download Plain Text
 
Fund Library News
News, announcements, and updates from Fund Library



By Fund Library News Wire  | Friday, February 10, 2017


 

By Mike Keerma

The major North American stock indices posted strong advances on the week, closing at record highs on Friday, following Thursday’s announcement from U.S. President Donald Trump about forthcoming tax reforms, which may give a boost to corporate earnings. Subsequent gains in the financial sector gave a boost to the main indices, which closed the week at record highs. The S&P 500 Composite Index advanced 0.8% on the week, while the Nasdaq Composite Index gained 1.2%, as markets maintained the momentum spurred by better-than-expected quarterly earnings reports. Toronto’s S&P/TSX Composite Index also closed at a record high, against a backdrop of firm crude oil prices and a strong jobs report from Statistics Canada, showing 48,000 additional positions created in January.

Check Fund Library’s Market Activity page regularly for active updates on key market indexes and commodities.

@FundLibrary – Follow Fund Library on Twitter for daily information and updates.

Disclaimer

© 2017 by Fund Library. All rights reserved. Reproduction in whole or in part by any means without prior written permission is prohibited.

The foregoing is for general information purposes only and is the opinion of the writer. No guarantee of investment performance is made or implied. It is not intended to provide specific personalized advice including, without limitation, investment, financial, legal, accounting or tax advice.

 
:: STOCK SEARCH
Find a Stock

(Leave blank for all)
Symbol   Name
:: MEMBER SERVICES
Username:
Password:
Forgot your password?
Register now
Tech Support
:: USEFUL LINKS
For general inquiries, please email the Librarian.
 
Home |  Features |  Member Services |  Tools |  Funds |  About Us
For any questions or problems with this site, please contact the Librarian.
Page ID: 20:40:1051:00016105:1/25/2017:2:51:56 PM Duration of this visit: 0 sec.