Market Update | Week Ending 02/9/19

Stock markets ended the week almost unchanged after 5 weeks of solid gains Stocks were mostly flat this week as renewed trade worries overshadowed a solid earnings reporting season. So far, nearly two-thirds of companies have reported earnings. Nearly three-quarters of them beat expectations. The US and China agreed [...]

Market Update | Week Ending 02/2/19

304,000 new jobs created in January The Bureau of Labor Statics reported that employers added 304,000 new jobs in January. That figure took experts by surprise and shattered their estimates of 170,000 new jobs. It marked 100 straight months of job gains. Furloughed government workers were not counted as unemployed, so the [...]

Market Update | Week Ending 01/26/19

Stock markets almost unchanged this week After four weeks of solid gains, stocks held steady in a holiday-shortened week. Stocks were down until Friday when they rallied as news of a deal to end the government shutdown was imminent. The strength of the stock market lies in investors’ confidence [...]

Market Update | Week Ending 01/19/19

Stocks higher for the fourth consecutive week Stock markets gained about 3% this week. It marked the longest string of weekly gains since August 2018. Companies that reported fourth-quarter earnings came in better than expected. China also made comments signaling that they would work to take steps to lower [...]

Market Update | Week Ending 01/11/19

2019 stock markets rise for third straight week After the worst December since the depression, stocks have had three weeks of solid gains. Investors have more optimistic views on interest rates following comments from Federal Reserve Chairman Jerome Powell. The Fed Chairman said that rate hikes will moderate in [...]

Market Update | Week Ending 01/05/19

Job growth surges in December 2018 312,000 new jobs were added. The Bureau of Labor Statistics reported that U.S. employers added 312,000 new jobs in December 2018. That shocked analysts that had forecasted 178,000 new jobs. There were 2.6 million jobs added in 2018, up from 2.2 million new jobs in 2017. [...]

Market Update | Week Ending 12/29/18

Stocks rebound to end week higher Stock markets snapped a three-week losing streak to end the week higher. It was a wild week. Monday marked the largest Christmas Eve loss ever. Tuesday markets were closed. Wednesday stocks had their best point gain in history, with the Dow up over 1,000 [...]

Market Update | Week Ending 12/15/18

Stocks ended the week down  Signs of a slowing economy in Asia and Europe wiped out gains earlier in the week as stocks fell 2% on Friday. Earlier in the week, it looked like stocks would end the week higher as investors felt more optimistic that a trade deal [...]

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 [...]

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