Stock Market Today: November 17, 2017
Harvey S. Katz, CFA, Adam Rosner, and Robert Harrington | 11/17/2017
Though lingering concern about tax reform led to a mostly negative day for the large-cap indexes, market breadth favored the bulls on Friday. The Russell 2000 added roughly 7 points during the session, while advancing shares outnumbered declining issues by a 1.8to-1.0 margin. Strength was found mostly in the cyclical consumer goods, basic materials, and energy sectors, which helped to offset selling in the utility and noncyclical sectors.