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This Week's Market Report
Increase In U.S. House Prices And Market Update
By Jim Catalano |
The stock market turned in a mixed performance for the second consecutive week as investors pulled back from record highs reached during the prior week amid trade and political turmoil. The Dow and S&P 500 both posted small losses while the NASDAQ Composite Index recorded a moderate gain. Treasury and mortgage bond yields ended the week slightly lower after retreating on Wednesday following the Federal Reserve’s monetary policy meeting. The drop in bond yields were partly due to dovish comments on inflation made by Fed Chairman Jerome Powell following the policy meeting. As widely expected, the Federal Reserve increased short-term ...