1 Stock to Buy, 1 Stock to Sell This Week: Alphabet, Strategy
Stocks on Wall Street finished Friday’s session in the red, after President Donald Trump nominated former Federal Reserve Governor Kevin Warsh to be the Fed’s next chairman. Stunning declines in prices of gold and silver also kept markets on edge.
Source: Investing.com
Despite Friday’s weakness, the major averages recorded a positive month. The 30-stock Dow Jones Industrial Average and benchmark S&P 500 logged gains of 1.1% and 1.2%, respectively, for January, while the tech-heavy Nasdaq Composite notched a 1% gain. The small cap Russell 2000 jumped more than 4% in the month.
More volatility could be in store in the coming days as investors assess the outlook for the economy, inflation, interest rates and corporate…
