Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience


Best Dividend Stocks
Ex-Dividend Dates
High Yield Stocks
Screener
Strategies
Tools
Articles
Premium
Advisors

Tiffany & Co. Logo

News

The Market Wrap for December 2: Tiffany’s Loses Its Luster Under Trump

Aaron Levitt Dec 02, 2016


After last week’s short trading week, stocks continued their climb as traders were treated to a ton of good news. Since being elected president, many investors have viewed Trump’s pro-growth policies as favorable. At the same time, data and earnings have been stronger than in weeks/months past. In the end, stocks continued to march higher and to make record highs. (Check out last week’s Market Wrap here.)

Supporting those highs were better-than-expected data on numerous fronts. Measures of labor, manufacturing and consumer health all came in bullish. As did the ultimate gauge of the economy, the United States Gross Domestic Product (GDP) figure.

Meanwhile, earnings have been better than expected across many firms. While the quarter has pretty much ended, those firms still reporting have shown positive profits, revenues and future guidance figures.

At the end of the week, stocks managed to continue their torrid rise.

To read the Full Story, Go Premium or Log in

Popular Articles