Monday, November 21, 2016

Well The Bond Market Certainly Needs A Breather

US Markets Back Off Slightly After Trump Election Rally

The three major U.S. stock market averages edged lower in afternoon trading Friday, even though the Nasdaq Composite Index hit an intraday record high earlier. Overall, the Standard and Poor's 500, Dow Jones industrial average and Nasdaq all closed higher for the second week in a row. In general, U.S. stocks have been enjoying a strong…