Rotation Continues
A strong, but not too strong, employment report sparked a rally on the final day of trading, propelling stocks to a modest gain for the week.
The Dow Jones Industrial Average climbed by 0.66%, while the Standard & Poor’s 500 added 0.61%. The Nasdaq Composite index increased by 0.48%. The MSCI EAFE index, which tracks developed overseas stock markets, edged up 0.10%.1,2,3