The Markets (as of market close June 12, 2020) Last week began with a bang for stocks as each of the indexes gained well over 1.0% for the day. The S&P 500, after climbing 1.2%, has picked up nearly 45.0% since its 2020 low, pushing it into the black for the year. The Nasdaq rose […]
MARKET WATCH: JUNE 15, 2020 Read More »
The Markets (as of market close May 29, 2020) With the stock market closed last Monday in observance of Memorial Day, Tuesday’s trading led to solid returns for each of the benchmark indexes listed here. The S&P 500 climbed past the 3000 mark for the first time since March, only to trickle below by the
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The Markets (as of market close May 15, 2020) Stocks opened the week with mixed returns. The S&P 500 stayed level, the Dow fell by almost half a point, and the Nasdaq finished the day up three-quarters of a percent. Crude oil prices dropped by nearly one percent. Positive news came from New York last
MARKET WATCH: MAY 18, 2020 Read More »
The Markets (as of market close November 29, 2019) The holiday-shortened week was a good one for investors as they were encouraged by the growing likelihood of “phase one” in the resolution of the trade war between China and the United States. The large caps of the Dow and S&P 500 reached record highs earlier
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The Markets (as of market close November 1, 2019) A better-than-expected jobs report and strong third-quarter earnings from some major companies drove stock prices higher for the fourth consecutive week. The S&P 500 and the Nasdaq reached closing highs while the other benchmark indexes listed here posted solid returns. The small caps of the Russell
MARKET WATCH: NOVEMBER 5, 2019 Read More »
The Markets (as of market close September 13, 2019) Stocks continue to rebound from their August declines, posting gains for the third week in a row. Each of the benchmark indexes listed here increased in value, led by the small caps of the Russell 2000, which climbed close to 5.0%. Trade tensions appeared to wane,
MARKET WATCH: SEPTEMBER 16, 2019 Read More »
The Markets (as of market close August 9, 2019) Fearful that the ongoing trade war between the United States and China could slow economic growth at home and abroad, investors have pulled money from stocks and adopted a “wait-and-see” approach. Not only has the trade war impacted the market, but further interest rate cuts by
MARKET WATCH: AUGUST 12, 2019 Read More »
The Markets (as of market close July 5, 2019) Last week, June’s labor report was strong enough to likely prompt the Fed to hold interest rates at their current level (and forestall a rate cut). Feeding off the latest labor figures, stocks pushed ahead during the holiday-shortened week as each of the benchmark indexes listed
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The Markets (as of market close June 21, 2019) Stocks enjoyed another week of strong growth as investors were encouraged by the Fed’s decision to keep interest rates unchanged and hope for a resolution to the ongoing trade war between the United States and China. Each of the benchmark indexes listed here posted solid gains
MARKET WATCH: JUNE 24, 2019 Read More »
The Markets (as of market close June 7, 2019) Markets rebounded nicely last week on hopes that the Federal Reserve Board will cut interest rates in the near future. Early in the week, chairman Jerome Powell said the Fed was closely watching trade developments and signaled rate cuts may be an option if the economic
MARKET WATCH: JUNE 10, 2019 Read More »
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