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Weekly Update
Stocks Pare 2021 Gains
U.S. large cap stocks retreated last week as investors second-guessed their optimism over President-elect Joe Biden’s quickly proposed large fiscal stimulus plan.
Read MoreStocks Climb to New Record Highs
U.S. stocks advanced for a second straight week with all three major equity indices finishing at record highs.
Read MoreStocks End 2020 at Record Highs
Equities Rebound from Prior Week LossU.S. stocks ended higher during the final week of the year, with the S&P 500 closing at its 33rd all-time high of 2020. The three major equity averages reached their record year-ending session...
Read MoreStocks Quiet in Thin Volume
U.S. stocks rose on Thursday in a second day of small gains in the Christmas holiday-shortened trading week as Wall Street reviewed the latest prospects for a second major coronavirus relief package.
Read MoreStocks Climb on Stimulus Prospects
U.S. stocks slightly trimmed a weekly gain on Friday, halting a solid three-day rally after Congress was unable to reach a stimulus bill agreement by market close.
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Stocks Weaken With Job Market
After major U.S. stocks advanced to record highs the first week of December, investors kept their optimism in check last week.
Read MoreBullish Start to December
U.S. stocks advanced to record highs last week amid growing expectations for another round of fiscal stimulus that could help backstop economic growth.
Read MoreStocks Rally Third Week in Four
U.S. stocks advanced last week with the benchmark S&P 500 finishing at a new all-time high on Friday’s low-volume holiday-shortened trading session.
Read MoreStocks Snap Two-Week Rally
U.S. stocks fell fractionally last week with the S&P 500 ending slightly negative after surging 9.74% the prior two weeks.
Read MoreStocks Surge on Vaccine News
U.S. stocks rallied last week after breakthrough vaccine trial results eased global uncertainty.
Read MoreElection Implications Spur Bulls
America Votes for GridlockU.S. stocks rebounded sharply last week, following their worst back-to-back losses since March. In a major turnaround, the S&P 500 posted its largest weekly advance since April amid stronger-than-expected...
Read MoreEquities Spooked by Record Infections
Pullback IntensifiesU.S. stock indexes closed lower on Friday, capping the benchmark S&P 500 with its worst weekly rout since the depths of the pandemic in mid-March and its worst-ever loss leading into a presidential election. Wall...
Read MoreEquities Snap Three-Week Rally
U.S. stocks ended the week fractionally lower, snapping a three-week rally as investors weighed mostly upbeat earnings and economic data while monitoring prospects towards an additional fiscal stimulus package.
Read MoreStocks Edge Higher as Elections Near
The U.S. benchmark S&P 500 Index posted a tepid gain in a string of three weekly advances, but it was enough to notch its longest weekly rally since August.
Read MoreStocks Climb to Six-Week High
U.S. equity averages posted gains a second week, with the S&P 500 registering its strongest weekly gain since July as investors were encouraged that negotiators were moving closer toward providing more fiscal stimulus.
Read MoreStocks Snap Declines
U.S. equity averages posted their first weekly gain in five weeks, snapping the longest losing streak since March as investors focused on mostly stronger-than-expected economic data and the Presidential debate.
Read MoreStocks Slouch Fourth Week
U.S. stocks reversed losses Friday amid unconfirmed reports that lawmakers were reviving plans for a second fiscal stimulus deal, but gains were not enough.
Read MoreStocks Reach Six-Week Low
U.S. stocks extended losses into a third day last week as bargain buying appetites on Monday and Tuesday gave way to pessimism after the Federal Reserve signaled a more urgent need for further fiscal stimulus to sustain an uneven recovery.
Read MoreBig-Tech Selloff Continues
U.S. stocks ended a volatile week deeply in the red with all three major domestic equity indices capping their steepest back-to-back weekly losses since March.
Read MoreBig-Tech Selloff
U.S. stocks snapped a five-week winning streak last Friday as skittish investors exited high-valuation mega cap tech stocks, despite a drop in jobless claims below 1 million and improved payroll data.
Read MoreEquities Cap Fifth Weekly Gain
All three major U.S. equity indices posted strong weekly gains, led by continued momentum in consumer and technology-oriented stocks.
Read MoreRecord-Setting Week
The S&P 500 completed its fourth straight weekly advance, it’s longest winning streak of the year.
Read MoreEquities Climb Despite Fading Stimulus Hopes
All three major U.S. equity averages posted their third consecutive weekly gain, but despite two nearly successful daily attempts, the S&P 500 fell short of breaking its all-time high set on February 19.
Read MoreLabor Market and Stimulus Hopes Drive Stocks Higher
Major U.S. indices were up last week on encouraging news around labor markets and hopes for more fiscal stimulus.
Read MoreEquities Rebound, Technology Rips
Stocks Post Solid GainsU.S. benchmark S&P 500 equities rebounded last week, resuming a bullish trend after falling 0.27% the week prior. Stocks ended Friday with solid gains, lifted by stellar earnings reports from four of the five...
Read MoreTechnology Weakens Second Week
U.S. equities ended lower last week with the S&P 500 posting its first weekly loss in four weeks as investors turned cautious amid increased tensions with China.
Read MoreNon-Tech Gains Broaden
The S&P 500 and Dow Industrials posted their third straight weekly gain while the tech-heavy Nasdaq Composite snapped a two-week rally.
Read MoreSolid Gains Last Week
U.S. equity averages rebounded broadly higher last week amid improving economic data even as U.S. viral infections jumped the most since May 9.
Read MoreEquities Tumble
U.S. equity averages fell sharply lower on Friday to end at two-week lows amid a resurgence of daily COVID-19 infection rates that threaten to halt state-specific plans to fully reopen businesses.
Read MoreEquities Rebound, Rally Revived
U.S. equity averages trimmed solid gains last week, jolted by a surge of trading volume and volatility on Friday associated with the quarterly event known as quadruple-witching when options and futures simultaneously expire.
Read MoreWorst Week in Nearly Three Months
Federal Reserve Provides a Dosage of Reality The three major U.S. equity indices finished higher on Friday in a broad but overall modest recovery from a steep 7.1% three-day S&P 500 plunge.
Read MoreEconomic Data Stabilizing
Stocks had yet again another good week with the S&P 500 gaining nearly 5%, pushed higher by stabilizing economic data.
Read MoreReopening Optimism Holds
Equities rallied into the close Friday for a second straight week as optimism over restarting American businesses overshadowed a flurry of market challenges, most recently harsh U.S. rhetoric against China.
Read MoreBest Week in a Month
Equities rallied into the close Friday to cap a volatile but positive week as investors weighed business reopening news and plans against a backdrop of rising U.S.-China tensions.
Read MoreBonds Outperform Equities
Equities capped another volatile week with steep losses amid dismal economic data and rising tensions between the U.S. and China.
Read MoreEquities Post Solid Weekly Gain
Stocks powered higher last week amid heady optimism that reopening American business may not cause a widespread resurgence in new COVID-19 cases.
Read MoreEquities Erase Weekly Gain
Stocks erased all their gains for the week amid sharp losses Friday after a pair of mega-cap tech bellwether companies reported less-than-ideal first quarter earnings and warned of uncertainty ahead.
Read MoreEquities Trim April Gains
First Weekly Loss Since April 3rdStocks broke a two-week winning streak as concerns over a further collapse in oil prices overshadowed optimism over a fourth federal COVID-19 relief package.
Read MoreEquities Climb to Six-Week High
Back-to-Back Weekly GainsStocks powered higher last week amid optimism toward reopening segments of the economy and speculation that a COVID-19 treatment may be approved sooner than previously expected.
Read MoreWith Nowhere to Store Oil, Prices Plunge
Oil prices are plummeted Monday as a lack of demand for oil combined with a surge in production from Russia and Saudi Arabia has caused supplies to increase to the point storage tanks are near capacity.
Read MoreMarkets Rally
The stock market staged a broad rally this week, buoyed by the prospect that COVID19’s grip on the nation may be easing and news of another Federal Reserve program to help stabilize businesses.
Read MoreAnother Losing Week
Following a 10% rebound the week ending March 27, U.S. equities declined last week, its third weekly loss in four, after labor reports showed record-setting jobless claims and a huge 701,000 plunge in hiring last month.
Read MoreBest Week Since March 2009
U.S. equity markets posted their largest weekly gain in over a decade after President Trump signed an unprecedented $2 trillion stimulus package designed to blunt the economic downturn caused by the COVID-19 contagion.
Read MoreWorst Week Ever for Dow Industrials
U.S. equity markets skidded last week with the Dow Jones Industrial Average suffering its biggest weekly point-loss on record amid escalating concerns the COVID-19 pandemic will cause a global recession.
Read MoreStocks End Bull Market Run
U.S. equity markets on Friday retraced over 90% of Thursday’s historic 9.5% single-day plunge that officially ended the longest bull market on the record books.
Read MoreFed Meets Early, Cut Rates to Zero
Fed cuts rates to zero and unveils package to boost bond liquidity. Monetary policy alone is not enough. Fiscal policy is needed. During turbulent times, it’s important to stay diversified and keep in touch with your financial professional.
Read MoreFinancial Markets React to Spread of COVID-19
Financial markets are reacting to the global spread of the COVID-19 virus. Investors are feeling anxious as markets are moving sharply lower so our team wanted to keep you informed and try to cut through the market noise.
Read MoreStocks Edge Higher Last Week
U.S. equity markets pared more than half of their 4% intra-day losses on Friday, limiting the broad market S&P 500 benchmark index daily loss to 1.7% and ended the week fractionally higher.
Read MoreCOVID-19 Fears Fuel Worst Week Since 2008
Stocks Enter Correction Fears over the impact from the fast-spreading COVID-19 virus sent global markets reeling last week, with U.S. stocks registering their worst weekly performance since the 2008 financial crisis. U.S. equity...
Read MoreCoronavirus & the 24 Hour News Cycle
In recent weeks, we’ve seen several major stories in the news. On the political front, in addition to the arrival of the presidential election through the 2020 caucuses and primaries, we have just experienced the third...
Read MoreCoronavirus Spread Halts Complacency
Stocks Decline Last WeekU.S. stocks, as measured by the S&P 500, registered its first weekly decline since late January while gold and Treasury prices surged, sending bond yields toward record lows. Investors turned defensive last...
Read MoreStocks Finish at Record Highs
The S&P 500 and Nasdaq Composite both ended the week broadly higher, posting fresh all-time highs even as investors kept a wary eye on the renamed COVID-19 coronavirus. Wall Street instead embraced solid economic...
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