Market Watch by Richard Taylor
Stocks continued their move higher last week. The Dow Jones Industrial Average added 291, or 2.6%, to end at 11,382, the S&P 500 Index gained 35, or 3%, to close at 1225, right near its 2010 high. Many domestic equity indices are hitting recovery highs. Domestic high yield corporate bonds participated in the gains, tacking on about 0.50% for the week. We believe that high yield bonds continue to... Read More