Dow, S&P hit new highs

Dow, S&P hit new highs
Local News

By scott miller

The first week of March began with the Dow and S&P 500 posting new nominal highs while the NASDAQ closed above 5,000 for the first time since 2000 when the dot-com frenzy was in full swing.But all three indexes tumbled March 6 after the government released yet another encouraging jobs report, reminding investors that the era of easy money ushered in by the Federal Reserve will come to an end sooner or later — and perhaps sooner. At the same time, the yield on the 10-year Treasury climbed to 2.239 percent, its highest level in 2015. The strengthening dollar hit …

Source:: Vail Daily Feed