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The Swiss Stock Market Finished Higher As Pharma Heavyweights Support


The Swiss Stock Market Finished Higher As Pharma Heavyweights Support
The Swiss Leader Index climbed 0.41 percent and the Swiss Performance Index added 0.54 percent. The Swiss Market Index increased by 0.47 percent Tuesday and finished at 8,370.14. The solid performance of the pharma heavyweights provided support to the overall market. The Swiss stock market ended Tuesday's session with a modest gain, bouncing back from the loss of the previous session. The potential for a "Frexit" has investors in a nervous mood as far-right candidate Marine Le Pen begins to gain some support.

Ignore Dow 20000 and Other Stock Market Gyrations
Further up the wealth spectrum, the top 1 percent owns about four out of 10 dollars in the stock market. For the bulk of the 20th century, most Americans had no connection to the stock market. The media got in on the celebration as the story of record high stock prices spread around the country. Left out of the excitement was the vast majority of Americans whose lives are largely unaffected by the bullish market. Champagne bottles were popping on Wall Street as bankers rang in the Dow Jones hitting 20,000 points for the first time ever in late January.


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