Monday, August 20, 2018

Week in Review
The stock market turned in a "mixed" performance while mortgage bonds and treasuries traded essentially flat on the week. Both the Dow Jones Industrial Average and S&P 500 were able to advance while the technology-heavy NASDAQ Composite Index posted a modest loss.


Equity markets were influenced by continuing volatility in emerging market currencies, the Turkish Lira in particular. Other factors included news of renewed trade negotiations between the U.S. and China and economic news of solid retail sales.



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