Market Update | Week Ending 12/8/18

2018 U.S. employers added 155,000 new jobs in November Unemployment remains at 3.7% - The Department of Labor Statistics reported yesterday that 155,000 new jobs were addedin November. That did not meet experts expectations of 195,000 new jobs, but it was a solid number which indicates that employers are still confident in [...]

Market Update | Week Ending 11/30/18

Stock markets posted the largest weekly gain in 2018  Stocks ended November by soaring about 5% this week. It marked a dramatic rebound  after stocks fell sharply into negative territory for the year over the last two weeks. Strong  consumer spending data for Black Friday and Cyber Monday got [...]

Market Update | Week Ending 10/21/2018

Stocks end week mixed after three weeks of declines - As corporate earnings season began the early reporting companies for the most part reported strong third quarter corporate profits. Analysts expect profits to be in the range of those reported in the second quarter when most companies showed double [...]

Market Update | Week Ending 10/13/2018

Stocks have largest weekly loss since March - Stock markets ended higher on Friday after 6 straight losing sessions to end the week with the largest weekly loss in 7 months. Investors feared rising interest rates, trade war concerns with China, and rising international pressures after the International Monetary Fund [...]

Market Update | Week Ending 10/06/2018

U.S. Economy adds 134,000 new jobs in September - Unemployment rate dropped to the lowest level since 1969 - The Department of Labor Statistics reported that U. S. employers added 134,000 new jobs in September. That was below the 185,000 that analysts had estimated, yet even though job creation fell to [...]

Market Update | Week Ending 09/29/2018

Stocks drop slightly in the final week of September - Stock markets fell slightly this week after hitting record highs last week. Escalating trade tensions with China and another interest rate hike by the Federal Reserve left investors a little more cautious this week. The Dow Jones Industrial Average closed the week at 26,458.31, [...]

Market Update | Week Ending 9/22/2018

Dow and S&P hit record highs again this week - Another round of data pushed stocks to record highs this week. The lowest weekly unemployment claims in 50 years caused stocks to surge on Thursday. Over the past few weeks, rising corporate profits , tame inflation, a weakening dollar, near [...]

Market Update | Week Ending 09/15/2018

Stock markets end the week near record highs - Stock markets surged this week to near record levels rebounding from a 1% drop the prior week. Investors feel that the longest bull market in history will last well into 2019 based on strong fundamentals in the economy. Those include: unemployment [...]

Market Update | Week Ending 09/08/2018

Wages grew at highest pace since 2009 - 201,000 new jobs created in August - The Labor Department reported that  the U.S. economy added 201,000 new jobs in August. That number beat analysts expectations and marked the 95th conservative month of job growth. The unemployment rate held steady at 3.9%, a 50 year low. The [...]

Market Update | Week Ending 09/02/2018

Stocks hit record highs this week - Stocks rallied at the beginning of the week after a televised phone call with President Trump and Mexican President Enrique Peña Nieto where they announced that they are close to a trade deal to replace NAFTA. There was optimism that a deal was in the [...]

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