Tuesday, May 12, 2015

May 11, 2015 Weekly Market Update from Maier & Associates Financial Group

Buoyed by generally encouraging labor data, leading equity benchmarks enjoyed a major rally on Friday, overcoming an otherwise sluggish week. While the Dow's gains exceeded those of the S&P 500, both indexes outperformed the Nasdaq. After dipping below 18000 during the week, the Dow closed at 18191, up .93% from the previous week, while the S&P 500 closed Friday's trading up .37%. Equally encouraging is the fact that, despite the deep freeze that resulted in a lackluster first quarter, the year-to-date returns of the major indexes remain positive.


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