WENDY NELSON

THE MARKET WEEK:  as of market close May 5, 2023

Stocks closed last week generally lower, with only the Nasdaq eking out a minimal gain.

Stocks closed higher last Friday due to a strong jobs report (see below). The Russell 2000 (2.4%) and the Nasdaq (2.3%) led the way, followed by the S&P 500 (1.9%), the Dow (1.7%), and the Global Dow (1.3%). Ten-year Treasury yields added 9.5 basis points to 3.44%. Crude oil prices rose 4.0%. Both the dollar and gold prices ended the session in the red.

  • WALL STREET OPENED LAST WEEK WITH A WHIMPER
  • STOCKS CLOSED HIGHER LAST FRIDAY; STRONG JOBS REPORT
  • TEN-YEAR TREASURY YIELDS ADDED
  • EYE ON THE WEEK AHEAD

TIP OF THE WEEK - Plant a tree for the future generation

“Someone's sitting in the shade today because someone planted a tree a long time ago.” ~ Warren Buffet

MEET WENDY NELSON, CEO

President and Founder of Wind River Wealth Advisors

 

EXCELLENCE • INTEGRITY • INNOVATION • PERSONALIZATION

 

Wendy's News Break

401k ▪ Retirement Planning ▪ Estate and Legacy Planning ▪ Portfolio Management ▪ Wealth Management

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