THE MARKETS (AS OF MARKET CLOSE JULY 6, 2018)
A positive labor report may have been enough to offset investor concerns about the tit-for-tat tariff war between the United States and its trade partners as stocks posted positive returns by last week’s end. Trading volumes were relatively light, as expected, during the holiday-shortened week. As has been the case for much of the year, the tech-heavy Nasdaq and the small caps of the Russell 2000 enjoyed the largest weekly gains, followed by the large caps of the S&P 500, the Global Dow, and the Dow.