Recession Fears Resurface
Stocks ended a shortened week of trading mixed amid revived recession fears on Wall Street triggered by weak economic data.
The Dow Jones Industrial Average gained 0.63%, while the Standard & Poor’s 500 slipped 0.10%. The Nasdaq Composite index lost 1.10% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, advanced +0.37%.1,2,3