Online Sales Hit Records Despite Late Thanksgiving12/30/2019

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December 23 – 27 Recap

Equities Finish Near All-Time Highs

U.S. stocks finished the week higher yet again in a shortened holiday week with light trading. The S&P 500 rose for a fifth-straight week, barely hitting another record closing high on Friday. With just a couple trading days left in the year, the S&P 500 is up 31.84%. If this holds, it would be the best year for the index since 1995.

Weekly Performance

For the week, the Dow Industrials Average was up 0.67%, the S&P 500 increased by 0.60%, and the tech-heavy Nasdaq Composite advanced 0.92%. The MSCI EAFE was up 0.77%, while the MSCI Emerging Markets Index outgained all jumping 1.16%.

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The Weekly Recap is published by Cetera Investment Management LLC, an SEC registered adviser owned by Cetera Financial Group. Cetera Investment Management provides market perspectives, portfolio guidance, model management, and other investment advice to its affiliated broker-dealers, dually registered broker-dealers and registered investment advisers.

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