At the start of what will be a shortened trading week, due to markets being closed this Friday for Good Friday observances, Wall Street made some small gains. Stocks are currently riding a 5 week win streak as both the Dow Jones industrial average and S&P 500 have moved into the green after recovering from a 10% correction earlier this year. Earlier this morning the President of the Richmond, VA Federal Reserve Bank – Jeffrey Lacker said U.S. inflation will likely accelerate in the coming years and move toward the Federal Reserve’s 2% target. Tomorrow Chicago Fed President Charles Evans will discuss economic conditions and monetary policy. Today there was some controversy involving the President of the Federal Reserve Bank of Atlanta- Dennis Lockhart, and Jeff Gundluch, CEO of Doubleline. Watch below.
Here are the final numbers from Monday, 3/21/16 on Wall Street
Dow Jones Industrial Average: 17,623.87 (+21.57/ +0.12 %)
NASDAQ: 4,808.87 (+13.23/ +0.28 %)
S&P 500: 2,051.60 (+2.02/ +0.10 %)