Market Update | Week Ending 04/20/19

Stock markets hover near all time highs In a holiday-shortened week, stocks closed almost unchanged. About 1/3 of companies have reported first-quarter earnings so far. Most of those companies had a strong first quarter. China’s economic numbers have come in stronger than expected. The Dow Jones Industrial Average closed the week at 26,559.54, [...]

Market Update | Week Ending 04/13/19

Stock markets slightly higher this week Stocks recorded solid gains on Friday to erase losses earlier in the week. Markets ended the week just slightly higher. Investors are waiting for companies to report first-quarter corporate profits. Financial stocks led the market following a solid quarterly earnings report from JPMorgan [...]

Market Update | Week Ending 04/04/19

Employers add 196,000 new jobs in March The Department of Labor Statistics reported that U.S. employers added 196,000 new jobs in March. This exceeded analysts expectations of 175,000 new jobs. The unemployment rate held at 3.8%, a 50-year low. Average hourly wages grew 3.2% from last March.  Stocks continue to rise This year has begun with [...]

Market Update | Week Ending 03/30/19

Stock markets have their best first quarter in over 10 years Stocks ended the week with big gains. The first quarter of 2019 marked the largest percentage quarterly gain in a decade. The S&P 500 ended the quarter up over 13%. It's just 3% off its all-time high after [...]

Market Update | Week Ending 03/23/19

Stocks lost ground this week Stock markets finished the week lower this week for just the third weekly loss of the year. The Federal Reserve issued comments this week announcing that they had put interest rate hikes on hold for the remainder of 2019, citing low inflation numbers and [...]

Market Update | Week Ending 03/09/19

February job growth stalls with only 20,000 new jobs added The Labor Department reported that just 20,000 new jobs were added in February. It marked the fewest jobs added since September 2017. Experts predicted 180,000 new jobs. Considering January job growth was so robust, we are have still added about 325,000 jobs [...]

Market Update | Week Ending 03/02/19

Stocks ended the week slightly higher Gains in January and February marked the best two-month start of a year since 1987 This week, the March 1 deadline for a deal with China on trade was officially extended as both sides announced that progress has been made. The fourth quarter [...]

Market Update | Week Ending 02/23/19

US stock markets are up more than 18% in nine weeks Stock markets have made up nearly all the declines suffered in the last three months of 2018. Indexes are now approaching their all-time highs, which had been reached last fall. Experts point to investors' renewed confidence based on [...]

Market Update | Week Ending 02/9/19

Stock markets had another strong week Stock markets surged again this week. The S&P, which was down nearly 20% from its all-time high in December, is now just 6% below its all-time high. It’s up 10.7% in just the first 6 weeks of the year.  This week’s highlights:  Investors [...]

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 [...]

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