Stocks broke out of a narrow range on Friday following news that two major banks grew their bottom line in the first quarter. For the week, the S&P 500 rose 0.79%; the Nasdaq Composite, 0.91%. The Dow Jones Industrial Average improved 0.50%. Turning to overseas stocks, the MSCI EAFE index declined 0.09%.1-4
The market spent much of the week in a lull as investors waited for earnings season to begin. Wall Street is paying close attention to both guidance and profit margins.
1 – quotes.wsj.com/index/SPX [4/12/19]
2 – quotes.wsj.com/index/DJIA[4/12/19]
3 – quotes.wsj.com/index/COMP [4/12/19]
4 – quotes.wsj.com/index/XX/990300/historical-prices[4/12/19]