Strong and Steady Markets

The markets marched ahead last week with the S&P 500 and the NASDAQ reporting all-time records, albeit just slightly above previous highs.  The S&P rose 1.43% over last week, while the NASDAQ was up 2.08%.  The Dow gained 1.32% and the MSCI EAFE gained 0.14% for the week.  Volatility subsided as the CBOE Volatility Index, which gauges fear in the market, fell 9.8 at the end of the week.

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