Market Update | Week Ending 03/16/19

Stocks have another strong week Stock markets recovered from last week’s losses and extended one of the strongest starts of the year in history, as major indexes are up 10-16% for the year. U.S. and overseas markets surged to the highest levels since November. Low inflation data, reduced trade [...]

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 [...]

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 [...]

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