Wednesday, November 09, 2016
The September quarter proved to be relatively benign for investors. Most market indices advanced in the period, as shown in the table below. The NASDAQ Composite performed very well (+9.2%) and the major indices advanced modestly (+2.1% for the Dow Industrials and +3.3% for the S&P 500®). After nearly two years of notable volatility, at last oil prices seem to have settled into a price channel between $45 and $50 per barrel.
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