May 26, 2017
First-quarter GDP got a small upgrade but is still no better than 1.2 percent while the second-quarter is unfolding on the weak side. Durable goods orders fell in April and show weakness for core capital goods which points to continuing trouble for business investment and productivity.
Little changed on Friday at 21,080, the Dow ended with a solid week's gain of 1.3 percent. Oil had a bumpy week and ended with a 1.1 percent loss at $49.80. Rates and the dollar were little changed in the week.