Saturday, 18 March 2017

Markets mixed

Markets were mixed on Friday.

The S&P 500 fell 0.1 percent but the STOXX Europe 600 rose 0.2 percent while Asian markets were mixed.

Despite the decline on Friday, the S&P 500 finished the week with a 0.2 percent gain.

Karyn Cavanaugh, senior market strategist at Voya Financial, said that “investors are content to just sit tight” but Adam Sarhan, chief executive officer at 50 Park Investments, said that “there’s no question that we’re in a period with lofty valuations and stretched positive sentiment”.

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