The Markets
As of market close September 23, 2016 – Buoyed by news from the Fed and the Bank of Japan that measures intended to stimulate the economy would continue — at least in the short term — U.S. stock and bond prices posted gains for the week. While the response last Wednesday and Thursday was positive in the equities markets, falling oil prices sent stocks tumbling by last week’s end. Nevertheless, each of the indexes listed here posted week-on-week gains, with the Russell 2000 and the Global Dow each gaining almost 2.50%. Last week was all about the Fed as investors seem cautiously optimistic that the FOMC won’t raise interest rates at least until December.