All the news you need to stay informed about what’s currently driving the market – courtesy of Raffa Wealth Management, LLC.
US Stocks had their worst week since before the election on concerns over whether the president’s agenda will meet investor expectations. The S&P 500 sank 1.4% and the Dow dropped 1.5% for the week. Internationally, Japan fell 1.4% and Europe edged down 0.5% for the week. The yield on the 10 Year Treasury fell to 2.40%, its lowest level since the end of February. Article
US durable goods orders rose 1.7% in February, but excluding aircraft purchases it rose 0.4%.
After 7 years of losses Sears said it may not be able to continue operations.
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