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 [...]

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, [...]

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