Markets End Week Mixed After Week Containing Another Record High
The S&P 500 Index climbed to a new record high to 1987.0.
The S&P 500 Index climbed to a new record high to 1987.0.
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The week kept up a positive swing based on better than expected earnings and an accommodative Fed policy.
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The “Money Talks” hosts discuss the Fed’s minutes from the June monetary policy meeting and earnings from Alcoa, Bob Evans, Family Dollar and Progressive.
The markets ended the week mixed after a week of light trading volume and several points of housing data.
The markets began the week strong on M&A activity, only to drop late in the week on light volume and mixed economic data.
The week began with a mid-day rollercoaster because of the revisions to manufacturing data, but ended with indices hitting new record highs.