US equities finish the week on a high note

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.