The Markets (as of market close December 27, 2019) The holiday spirit, coupled with renewed optimism on the trade front, helped propel stocks higher last week. The tech-heavy Nasdaq outperformed the other benchmark indexes listed here, crossing the 9000 plateau for the first time ever. News that the signing of the Phase One trade agreement […]
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The Markets (as of market close August 16, 2019) Volatility is the best term to describe stocks last week. Despite a Friday surge, each of the benchmark indexes listed here fell for the third consecutive week. Wednesday proved to be the most tumultuous day, as stocks suffered a major pullback. Long-term bond yields plunged below
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The Markets (as of market close July 12, 2019) Both the Dow and the S&P 500 reached new record highs last week. The Dow surged past 27000 for the first time, while the S&P 500 surpassed the 3000 threshold. Anticipated testimony from Fed Chairman Jerome Powell lent credence to the expected interest rate cut at
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The Markets (as of market close May 24, 2019) With last week’s loss, the Dow suffered its longest weekly losing streak since 2011. Trade tensions between the United States and China seem to be taking a toll on investors’ patience. Each of the benchmark indexes listed here also posted weekly losses. Money moved to bonds,
MARKET WATCH: MAY 28, 2019 Read More »
The Markets (as of market close May 3, 2019) Stocks “labored” for much of last week only to rally following a strong employment report. That report, coupled with the Fed holding interest rates steady, gave investors the confidence to stay in the “game” a little longer. Other than the Dow, each of the benchmark indexes
MARKET WATCH: MAY 6, 2019 Read More »
The Markets (as of market close April 19, 2019) Stocks moved very little during the holiday-shortened week (markets were closed in observance of Good Friday). The large caps of the Dow inched up a little over 0.5%, while the S&P 500 dropped less than 0.1%. With light trading, the Cboe Volatility Index® fell to an
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The Markets (as of market close March 1, 2019) The momentum stocks have enjoyed since the beginning of the year waned some last week as investors took time to consider economic and trade developments. The tech-heavy Nasdaq gained the most, up almost 1.0%. At the other end of the spectrum was the Global Dow, which
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The Markets (as of market close February 15, 2019) Stocks extended their streak last week, as each of the benchmark indexes listed here posted gains of at least 2.0%. Positive developments in the trade talks between the United States and China, coupled with avoidance of another government shutdown, gave investors the confidence to continue trading.
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The Markets (as of market close February 1, 2019) The benchmark indexes listed here rose for the week, particularly last Wednesday and Thursday. Strong corporate earnings reports, especially in the communication services sector, helped push stock prices higher. However, the biggest boost to the market may have come following the Federal Reserve’s meeting last Wednesday.
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The Markets (as of market close December 28, 2018) A crazy week of market swings finally closed with each of the benchmark indexes listed here posting gains for the first time in three weeks. Christmas Eve (Monday) saw stocks drop precipitously heading into the holiday, surely putting a damper on festivities for some investors. The
MARKET WATCH: DECEMBER 31, 2018 Read More »
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