Switzer on Saturday

Stock market positivity prevails!

Founder and Publisher of the Switzer Super Report
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Friday Close
Change
Change %
Week Change %
Dow Jones
25,058.12
-6.38
-0.03%
0.15%
S&P 500
2,801.83
-2.66
-0.09%
0.02%
NASDAQ
7,820.20
-5.10
-0.07%
-0.07%
ASX 200
6,285.90
23.20
0.37%
0.28%
Data for week commencing 16 July 2018

Positivity remains for stocks with the two big drivers of US share prices - earnings and the economy - prevailing, despite another controversial week for President Donald Trump. At home, our market keeps defying gravity.

The S&P/ASX 200 climbed 23 points (or 0.4%) to 6285 on Friday for a 0.3% advance over the week. Yep, it’s not convincingly positive but we have had a great run since June and this is the old “sell in May and go away” time period for stocks.

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