Switzer on Saturday

Stock market optimism doesn’t look misplaced!

Founder and Publisher of the Switzer Super Report
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Friday Close
Change
Change %
Week Change %
Dow Jones
26,031.81
181.18
0.70%
0.57%
S&P 500
2,792.67
17.79
0.64%
0.62%
NASDAQ
7,527.55
67.84
0.91%
0.74%
ASX 200
6,167.30
28.10
0.46%
1.67%
Data for week commencing 18 February 2019

Ahead of the close and the Dow and the Nasdaq were in line for nine weeks of gains, while the local stock market registered a very positive week, finishing at a four month high! In case you weren’t counting (like I have to in confirming I haven’t given you a bum street), the S&P/ASX 200 Index climbed 101.2 points, or 1.7%, to finish at 6167.3.

Helping our market has been a better-than-expected reporting season, rate cut talk, higher commodity prices, the strong leadership from Wall Street (with trade talk progress a key driver) and a lower Aussie dollar.

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