Cohen Testimony, Trade Wars and India-Pakistan Tensions: Stock Market

Investors React to Event-Driven News

Adviser Investments’ Chief Investment Officer Jim Lowell has the market analysis for Wednesday, February 27.  U.S. stock indexes saw mixed results today, with the Dow Jones Industrial Average down 0.3% and the S&P 500 experiencing fractional losses, while the NASDAQ rose 0.1%. Investors appeared to react to event-driven news from a variety of sources, including Michael Cohen’s dramatic Congressional testimony, ongoing Chinese trade uncertainty and escalating tension between India and Pakistan.

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