Friday, July 26, 2013

It's The Economy Stupid: Makret Close

The market rallied at the close to finish positive on the day.  The Dow was down 150 points this morning and finished up 3.22 points at 15558.83.  The S&P 500 also rallied at the close to finish at 1691.65, up 1.40 points.  Update on corporate earnings reporting season.  Corporate revenue growth has been spotty, but in general their earnings have exceeded expectations.



John Broussard

Assistant State Treasurer

Chief Investment Officer

State of Louisiana

Department of the Treasury



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