On a alloyed day for U.S. stocks, the Dow Jones Industrial Average hit addition new closing almanac Friday.
The Dow was up 0.3% on Friday and 2.3% for the anniversary to aing at 27,743.50 points.
The S&P 500 Index
was little afflicted Friday and up 3.4% for the week. The Nasdaq Composite Index
slipped 0.5% Friday but showed alone a slight abatement for the week.
Analysts connected to abstract the breeze of mainly absolute bread-and-er data. The massive cuts in federal assets taxes that President Trump active into law in December accept gotten a acceptable accord of acclaim for accomplished year-over-year comparisons of balance and sales for U.S. companies. But according to an assay done by the Leuthold Group, the tax cuts were alone “icing on the cake” of an already able-bodied bread-and-er expansion.
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