Sons and Daughters of BBCMF , Dow 30 With Point and Figure Charts , Dow Discussion...

[mick]

Despite Friday’s downturn, all of the major indexes established multi-year highs, with the Dow establishing another all-time high last week. Buoyed by strong corporate earnings and a reassuring statement on inflation from the Federal Reserve, the S&P 500 led the way with its fifth consecutive weekly gain. The Dow closed the week up 87 points and increased its year to date gain to 12.8%, while the Nasdaq finished the week up 8 points increasing its year to date gain to 6.6%. The Russell 2000 finished up 3 points and increased its year to date percentage to 13.8% and the S&P rose 8 points, rising 10.3% for the year.