Project Description



S&P500  -1.10%(2,238.83); NASDAQ  -1.46% (5,383.117); DJIA  -0.86% (19,762.6)


This weeks reports:

  • December’s Consumer Confidence rose to 113.7 from November’s +109.4.
  • October’s S&P/Case-Shiller Home Price Indices rose 5.1% y/y versus September’s +5.0% y/y.
  • November’s Wholesale Inventories (prelim.) rose by 1% from October’s -0.1%.
  • Initial Jobless Claims for the week ending December 23h fell by 10K to 265K. Continuing Jobless Claims for the week ending December 16th rose by 63K to 2,102K.
  • US stocks slid on the last trading day of 2016 as losses in tech shares and discretionary companies weighed on the market. For the year, the S&P 500 climbed 9.5 percent, while the Dow Jones Industrial Average surged 13.4 percent for its best rally since 2013.
  • US stocks completed the fourth annual gain since 2011 on the longest losing streak since the election.

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