Investors shrugging off Brexit

11th July, 2016 by

By scott miller

For the second week in a row, investors shrugged off the Brexit and its potential consequences to send stocks soaring — the Dow roared past the 18,000-point mark and the S&P 500 hit an all-time high during intraday trading on Friday after a scintillating jobs report. And for the second week in a row, investors sought the safety of U.S. Treasury’s, driving the yield on both the 10- and 30-year to new lows.Stocks posted their best day of the week on Friday after the Labor Department announced that 287,000 new jobs had been created in June, the highest total since October …

Source:: Vail Daily Feed

      

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