Weekly Market Recap
Weekly Market Recap – November 16th, 2018
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
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
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
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
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%
Weekly Market Recap – October 12th, 2018
Weekly Market Recap – October 12th, 2018 In the Markets Volatility made a return to equity markets last week, as the three major indices all saw significant moves down, as they posted their largest losses since March. The combination of factors that had been hanging over the markets for some time, including rising interest rates
Weekly Market Recap – October 5th, 2018
Weekly Market Recap – October 5th, 2018 In the Markets The markets opened with substantial developments as the U.S.-Mexico-Canada Agreement was finalized to replace NAFTA with Canada and the U.S. agreeing to terms. While tensions eased between members of North America, they once again grew between the U.S. and China as the pending trade fallout
Weekly Market Recap – September 28th, 2018
Weekly Market Recap – September 28th, 2018 In the Markets As the 3rd quarter came to an end, it proved to be the strongest since 2013 for U.S. equity markets. Strong earnings growth combined with sub 4% unemployment and positive consumer confidence have maintained the bull market despite continued trade tensions. While the quarter was
Weekly Market Recap – September 21st, 2018
Weekly Market Recap – September 21st, 2018 In the Markets The months of promised tariffs against China materialized into reality on Tuesday, as the United States put in place a 10% tariff on $200 billion worth of Chinese imports, with a raise to 25% in four months if China does not sit down at the
Weekly Market Recap – September 14th, 2018
Weekly Market Recap – September 14th, 2018 In the Markets Despite recent tensions regarding tariffs, the major indices rebounded last week as the U.S. and China have agreed to a new round of trade negotiations. On this news, as well as strong performance from the tech sector, the Dow Jones rose 0.9%, the S&P 500