Friday, April 13, 2018

Stock Market Today: April 13, 2018

Stock Market Today: April 13, 2018: After The Close - After an auspicious open to the session, the major market indexes each ended the week with a swift selloff in the final hour of trading. As the end of the day neared, the averages lifted off their late-day lows, but remained below their breakeven lines. The downtick followed Thursday’s running of the bulls, which saw the Dow Jones Industrial Average gain nearly 300 points. Easing geopolitical tensions and optimism for Corporate America’s just-started quarterly earnings season were the primary drivers to yesterday’s rally, which investors collected profits off of today. Overall, though today’s action cut into what could have been the best five-day span in several weeks (the Dow lost over 100 points by the closing bell), it was ultimately still a solid week for the averages.

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