Investors returning to US stocks a month go retro.
Old economy companies like
Procter & Gamble
Walgreens Boots Alliance
has risen in recent days and helps Dow Jones Industrial Average to recycle much of its October market and move within striking distance from the 1
6th record of the year.
The 30-share index has posted 1,300 points in the last two weeks, the best stretch since November 2016. After talking about the corrective area last month, indicating a 10% decrease or more from a new peak, the index is just 3.1% from its latest record near the beginning of October.
Bluster of Trade on Friday from President Trump’s Commercial Adviser Peter Navarro halted the advance and weighed on trading stocks as