Stock averages end five-week win streak

Stock averages end five-week win streak
Local News

By scott miller

In a holiday-shortened week marred by the terrorist attack in Brussels and marked by low trading volumes, the S&P 500 and the Dow Jones Industrial Average were down for the first time since mid-February, ending a five-week winning streak but managing to stay in the black for 2016, if only just. The yield on the 10-year Treasury rose modestly to close the week at 1.902 percent.The terrorist attack affected the stocks of airline and cruise companies. The share prices of energy companies also dipped as there was new concern about excess crude oil inventories, which rose to a multi-decade high. …

Source:: Vail Daily Feed