February 19th CEOcast Weekly Newsletter
The major indices ended the week higher after each dropped more than 4.0% the previous week. The Dow Jones industrial average went up by 166 points, paring its year to date loss to 6.9%. The Standard & Poor's 500 Index gained 19 points, reducing its year to date loss to 8.1%. The Nasdaq Composite Index recorded a modest gain of 17 points, cutting its year to date loss to 12.5%. The Russell 2000 gained 3 points, lowering its year to date loss to 8.4%. For the week, the S&P 500 and the Dow both added 1.4 percent. The Nasdaq climbed…