Stocks continue to struggle

16th May, 2016 by

By scott miller

Despite a surge for stocks on Tuesday and the best retail sales report in a year on Friday, the major indexes were down yet again, with the S&P 500 now only narrowly up for 2016. With investors looking to other options, the yields on treasuries fell. Much of the drop came on Friday, when the yield on the 10-year dipped from 1.75 percent to 1.70 percent.During the course of the week, the indexes were dealt a one-two punch by a decline in the stocks of both retail companies and energy companies, with the price of oil retreating once again after …

Source:: Vail Daily Feed



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