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Wall Street soars while Louisiana stocks flounder

Por: The Advocate Business July 13, 2023

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Wall Street had a strong second quarter, thanks to a job market that’s shown surprising resiliency in the wake of steadily rising interest rates. But Louisiana-based companies didn’t do so well.The 19 publicly traded businesses in The Times-Picayune The Advocate’s Pelican State Portfolio were down 3.58% in the second quarter and 8.52% for the 12-month period ending June 30. In comparison, the S&P 500, which tracks 500 large companies, was... + full article



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