Market Watch: Mild gains at start of abbreviated week

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 %)

Phil Cannella

Phil Cannella

As a partner with CBS Radio in Philadelphia, Phil Cannella reports on the issues most important to the American retiree.
Phil Cannella
- 23 hours ago
Phil Cannella
Phil Cannella

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