Weekly Market Recap – December 21st, 2018 In the Markets Equity markets fell sharply last week, as the Dow Jones was down 6.9% and the S&P 500 dropped 7.1%. The NASDAQ posted the largest loss, nearing bear market territory for the tech-heavy index as its 8.4% decline this week marked a 20% drop from its

Weekly Market Recap – December 14th, 2018 In the Markets Initial steps were taken in the U.S-China trade negotiations, as the 90-day ceasefire began with substantial, albeit still temporary, moves from the People’s Republic. Chinese officials hinted at tweaks to the “Made in China 2025” policy by allowing further access and fairer competition for foreign

Weekly Market Recap – December 7th, 2018 In the Markets Volatility spiked last week, as Monday equities rallied, before dropping substantially on Tuesday. Thursday saw a potential recovery, before the major indices fell again to close Friday. On the week, the Dow Jones fell 4.5%, the S&P 500 dropped 4.6%, and the NASDAQ lost 4.9%.

Weekly Market Recap – November 30th, 2018 In the Markets This week U.S. Fed Chair Jerome Powell appeared to take on a more dovish stance, stating that interest rates were closer to neutral. He went on to articulate that the Fed would be data-dependent in its decision making, as opposed to following a preset policy

Weekly Market Recap – November 23rd, 2018 In the Markets On a shortened week, with the U.S. celebrating Thanksgiving on Thursday, equity markets took another large hit, with both the Dow Jones and the S&P 500 slipping into the red for year to date returns after the Dow fell 4.4%, and the S&P fell 3.8%.

Weekly Market Recap – November 16th, 2018 In the Markets After beginning November with a slight recovery from the October slump, equities turned bearish again, with the three major indices all falling on the week. The Dow Jones dropped 2.2%, the S&P 500 fell 1.6%, and the NASDAQ lost 2.1%. The consumer price index report

Weekly Market Recap – November 9th, 2018 In the Markets The United States’ midterm elections were held on Tuesday, resulting in a split Congress as the Democrats took control of the House, and the Republicans retained control of the Senate. Historically, a split Congress bodes well for U.S. equity markets, and the big three indices

Weekly Market Recap – November 2nd, 2018 In the Markets U.S. equities experienced an anticipated rebound from recent losses, with both the Dow Jones and S&P 500 gaining 2.4% on the week and returning to positive territory for year to date movement. The NASDAQ also gained, up 2.6% on the week. Positive jobs report data

Weekly Market Recap – October 26th, 2018 In the Markets Last week’s calm proved to merely be the eye of the storm, as a second wave of corrections rocked equity markets. Volatility soared as the Dow Jones fell 3%, the NASDAQ dropped 3.8%, and the S&P descended 3.9% on the week. This decline occurred despite

Weekly Market Recap – October 19th, 2018 In the Markets After a roller coaster week in U.S. equity markets, the indices stabilized on the week with the Dow Jones up 0.4%, the NASDAQ down 0.6%, and the S&P 500 finishing the week even.  While the S&P 500 finished without a net move, it climbed 2.15%