2019 Econoday Investor's Journal Buy Now
Market Reflections  

February 9, 2018
Wild swings were the day's ride. The Dow opened sharply higher, fell to sharp lows at mid-afternoon, before rallying strongly into the close for a 1.4 percent Friday gain to 24,190. On the week, the Dow lost 5.2 percent following the prior week's 4.1 percent dip. The good news is that the year-to-date decline is limited, at 2.1 percent.

Oil was really hit in the week, down 9.1 percent to end back under $60 at $59.23. Gold is doing better, down only 1.1 percent on the week at $1,317 as is the dollar, up a weekly 1.4 percent to trim this year's loss to 2.0 percent.