Institutional Investment & Fiduciary Services - October 23, 2017 - Weekly Market Update
Published on 10/23/2017
This Weekly Market Update from Gallagher Fiduciary Advisors, LLC revisits key investment headlines from the previous week:
- Dow Jones Hits Another Milestone: The Dow Jones hit 23,000, coinciding with favorable corporate earnings and optimism about potential tax reform
- Trading Volumes Recede: While stocks reach new highs, trading volumes are down 22% from 2016
- Home Sales Face Pressures: The seasonally-adjusted rate of existing U.S. homes sales in September was 5.5% lower than in March of 2017.