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Closing changes:

  • S&P 500 +0.6%
  • DJIA +0.7%
  • Nasdaq Comp +.09%
  • Russell 2000 +0.4%
  • Toronto TSX Comp +0.5%

On the week:

  • S&P 500 +0.8
  • DJIA -0.4%
  • Nasdaq Comp +2.3%
  • Russell 2000 -0.4%
  • Toronto TSX Comp -0.1%

The chart of the Russell 2000 is concerning. It looks topped out and the economy is weakening. There was a doji this week on an otherwise-decent week for risk trades. Maybe it can stabilize if yields come back down but four weeks in a row of declines isn’t promising.

Russell 2000 weekly

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