Weekly Market Recap
Weekly Market Recap – March 22nd, 2019
Weekly Market Recap – March 22nd, 2019 In the Markets The week started with the S&P 500 climbing to a new high for 2019 amid positive investor sentiment regarding U.S. Treasury yields and a dovish Fed. However, gains were wiped away on Friday, marking a 0.8% decline on the week for the S&P. The NASDAQ
Weekly Market Recap – March 15th, 2019
Weekly Market Recap – March 15th, 2019 In the Markets U.S. equities rebounded from the losses of the prior week. The NASDAQ led the charge with a 3.9% gain, followed by the S&P 500’s 2.9% gain and the Dow Jones’ 1.6% climb. Fed Chair Jerome Powell continued to tout the Fed\\\’s patient stance on 60
Weekly Market Recap – March 8th, 2019
Weekly Market Recap – March 8th, 2019 In the Markets U.S. equities finished lower across the board with a batch of bearish news from around the globe. The U.S. employment report for February revealed weak job growth, with just 20,000 net jobs added, as wages rose at their fasted pace in a decade. Shrinking global
Weekly Market Recap – March 1st, 2019
Weekly Market Recap – March 1st, 2019 In the Markets As February came to a close, the S&P 500 completed its best two month start to a year since 1987 with the index gaining 11.5%. The indices continued to climb into March, closing Friday with a YTD growth of 11.8%. The NASDAQ gained 0.9%, finishing
Weekly Market Recap – February 22nd, 2019
Weekly Market Recap – February 22nd, 2019 In the Markets U.S. equities finished their fourth straight week of gains. The U.S-China trade talks provided positive news, with the two sides reporting unspecified progress towards agreements regarding currency, as well as China’s commitment to obtain $1.2 trillion in U.S. goods. Discussions are still ongoing on the
Weekly Market Recap – February 15th, 2019
Weekly Market Recap – February 15th, 2019 In the Markets The S&P 500 climbed another 2.5% on the week, coming within 6% of its all-time high. The other two major U.S. equity indices followed suit, with the Dow Jones up 3.1% and the NASDAQ gaining 2.4%. Reports point to positive developments in the U.S. negotiations
Weekly Market Recap – February 8th, 2019
Weekly Market Recap – February 8th, 2019 In the Markets While U.S. equities started the week with gains, continuing their January run, international news put downward pressure on the major indices. Weakness in growth was visible across Europe, with the EU commission lowering its GDP growth forecast to 1.3% from 1.9%. The Bank of England
Weekly Market Recap – February 1st, 2019
Weekly Market Recap – February 1st, 2019 In the Markets The three major equity indices all posted gains on the week, with the Dow Jones up 1.3%, the NASDAQ climbing 1.4%, and the S&P up 1.6%. The S&P’s gains resulted in its strongest January since 1987, with many companies’ earnings reports stronger than expected. The
Weekly Market Recap – January 25th, 2019
Weekly Market Recap – January 25th, 2019 In the Markets The longest U.S. government shutdown came to an end to close the week, with an agreement to reopen the federal government through February 15th. The major equity indices saw limited moves on the shortened week, each finishing almost flat, as the Dow Jones and NASDAQ
Weekly Market Recap – January 18th, 2019
Weekly Market Recap – January 18th, 2019 In the Markets The U.K. took the spotlight last week. On Tuesday, Parliament rejected Prime Minister Theresa May’s Brexit deal in the largest parliamentary loss in more than a century. On Wednesday, May’s government narrowly survived a no-confidence vote, and she signaled that she was willing to negotiate