Adviser Investment Economic Analysis: Construction Spending Down

Construction Spending Down 0.6%

Adviser Investments’ Chief Investment Officer Jim Lowell has the market analysis for Monday, March 4. After event-driven intraday fluctuations, major U.S. stock indexes closed the day down, with the Dow Jones Industrial Average, S&P 500 and NASDAQ declining 0.8%, 0.4% and 0.2%, respectively. Meanwhile, the Commerce Department reported that construction spending fell 0.6% in December after a 0.8% rise in November.

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