In this month’s video, I’ll discuss some of the major headlines that influenced markets in December. I will also provide insight into what these developments could mean for you as an investor.
As 2017 came to a close, U.S. markets slipped a bit from their highs for the year. In the last week of December, all 3 major domestic indexes posted losses. Despite this dip, the S&P 500, Dow, and NASDAQ were each in positive territory for the month and achieved a number of records for the year.
In fact, December marked the 9th month in a row that the S&P 500 and Dow recorded gains. The S&P 500 hadn’t seen a string of performances like this since 1983. For the Dow, the stretch of gains was even more unusual. Its last run of consecutive months like this was in 1959.
The NASDAQ also experienced a year of noteworthy gains. In 2017, the index rose in all but 1 month—for the first time ever.
To learn more about the economic events from last month, and how they could impact you as an investor, watch our video. If you have any questions about your financial situation, please email us, or give us a call at (419) 425-2400.
