Investors Keeping Close Watch on a Series of Worldwide Central Bank Meetings

The S&P 500 added just 0.35 percent last week, but it was enough to establish another record high. The gains came late in the week, first after a deal in Congress to keep the government open for another two weeks, and then following the November jobs report, which showed another healthy gain. And, as has been the case since Thanksgiving, it was the cyclical sectors that led the way, including financials and industrials, although technology stocks did stabilize after falling sharply during the prior week. The jobs report showed the creation of 228,000 new non-farm jobs, with the unemployment rate ...

 

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