Stocks ended mixed with the Dow ahead, after minutes from the recent Fed meeting showed a central bank willing to act in the near term, if economic conditions merit a rate increase.
Stocks posted another day of solid gains at the start of a holiday-shortened trading week.
The major indexes ended in positive territory although the Dow and S&P 500 were in negative territory for much of the day.
According to a Wells Fargo retirement survey, millennials would like to retire at age 59. That presents some challenges.
Stocks closed essentially flat after their recent rallies as mixed economic reports showed a big gain in manufacturing activity in the Philadelphia area but also slower housing starts in several major U.S. regions.
Core-plus manager Ashok Bhatia, CFA, presents his views for the core-plus bond space with the help of Dr. Brian Jacobsen, chief portfolio strategist with Wells Fargo Asset Management.
The major indexes stayed on an upward trajectory on signs of growth in the U.S. economy.
The air is abuzz with talk of tax reform. It was a key plank of President Trump’s campaign, and it could become a reality with a Republican-controlled House and Senate.
It is now cliché to state that the outlook for 2017 and beyond is uncertain and that the margin for error is high.