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Weekly Update
Equities Trade Near Record Highs
November 15-19, 2021 Recap Equities Trade Near Record Highs Stocks ReboundLarge cap stocks climbed fractionally to erase a prior week loss. Investors welcomed solid earnings from major retailers and a strong 1.7% October retail sales...
Read MoreEquities Cap Fifth Straight Weekly Gain
November 1-5, 2021 Recap Equities Cap Fifth Straight Weekly Gain Melt-Up Momentum ContinuesAll three major U.S. equity indices rose to fresh all-time highs on Friday, capping a fifth straight weekly gain. This marks the longest winning...
Read MoreEquities Cap Fourth Straight Weekly Gain
October 25-29, 2021 Recap Equities Cap Fourth Straight Weekly Gain Earnings Season Continues StrongU.S. stocks climbed the last week in October, with the S&P 500 notching its longest weekly winning streak since April. Impressively,...
Read MoreEquities Cap Third Weekly Gain
October 18-22, 2021 Recap Equities Cap Third Weekly Gain Earnings Season Continues StrongU.S. stocks climbed higher last week with the broad-market S&P 500 posting a third weekly gain. Equity appetites were bolstered on optimism...
Read MoreEquity Gains Accelerate
U.S. stocks posted accelerated gains last week as investors set aside inflation fears and welcomed strong earnings data that helped to reinforce continued economic growth.
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Modest Declines In Equity Markets
The three major U.S. equity indexes all had modest weekly declines with the Dow Jones Industrial Average not able to eke out a gain.
Read MoreEquities Climb on Dovish Taper Tone
Last week, all three U.S. major equity averages finished higher last week with the S&P 500 posting three new record highs and closing Friday at its 52nd...
Read MoreEquities Give Back Gains
All three U.S. major equity averages declined last week as investors grew worried that the Fed’s potential move to begin withdrawing stimulus later this year could slow the economic recovery that has been challenged by the Delta variant...
Read MoreIt's All About Earnings
Big Board Stocks AdvanceU.S. stocks drifted mostly higher last week with the Dow Industrials and S&P 500 both posting four consecutive daily all-time highs, a feat not seen since October 2017.
Read MoreJobs Data Sooths Fed Fears
U.S. stocks posted moderate gains last week following a stronger-than-expected July jobs report
Read MoreNew Equity Milestones
Equities rebounded last week with all three major U.S. equity indices finishing at fresh all-time highs as better-than-expected earnings trumped early-week concerns over rising Delta variant caseloads.
Read MoreDelta Variant, Inflation Weigh on Stocks
After finishing the prior week at all-time highs, all three major U.S. equity indices finished this past week lower.
Read MoreTrifecta All-Time Highs
All three major U.S. equity indices finished the week at fresh all-time highs as a relief rally Friday more than fully erased earlier losses in the holiday-shortened trading week.
Read MoreJobs Data Sooths Fed Fears
U.S. stocks wrapped up another bountiful week with the S&P 500 closing Friday at its seventh consecutive all-time high, a double feat not seen since 1997.
Read MoreInfrastructure Plans Boost Optimism
U.S. equities rebounded last week with the S&P 500 transitioning from its worst week since January to its best week since February
Read MoreBrushing Off Inflation
The S&P 500 clinched a third straight weekly gain after closing at successive all-time record highs on Thursday and Friday.
Read MoreStocks Rise, Nearing Record Highs
The S&P 500 rose to within a whisper of its May 7 all-time high as Friday’s jobs data boosted recovery confidence.
Read MorePCE Inflation Jolts Higher
The broad market S&P 500 posted robust gains last week, rebounding from two weekly losses and closed out the month just 0.8% below its 4,232 most recent record high.
Read MoreInflation Angst Continues
The S&P 500 fell fractionally last week, capping its first back-to-back weekly loss since late February as investors continued to fear signs of escalating inflation.
Read MoreInflation Fears Make Investors Nervous
All three major equity market indices saw their worst weekly declines since February.
Read MoreBroad Markets Advance
The broad market S&P 500 Index finished at its 26th all-time high this year amid bullish recovery optimism that was bolstered Friday by an unexpectedly weak April payrolls report.
Read MoreMomentum Pauses Second Week
Equity indices were mostly lower last week amid month-end rebalancing even as economic data continued to point toward an accelerating recovery.
Read MoreMomentum Pauses
Equities rebounded in a big way on Friday, but gains fell short of overcoming larger losses earlier in the week as investors’ concerns over rising coronavirus case counts overshadowed mostly stellar earnings data.
Read MoreEquity Momentum Continues
The S&P 500 extended gains into a fourth straight week, backed by a strong start to the first quarter earnings season and better-than-expected economic data.
Read MoreEquity Indices March Higher
The S&P 500 extended gains into a third week, its longest winning streak since February 5 and finished Friday at its 20th new all-time-high this year.
Read MoreEquity Indices Extend All-Time Highs
U.S. stocks extended gains last week amid expectations for a solid March payrolls report that was indicated higher by the largest monthly increase in private sector hiring in six months (+517,000).
Read MoreEquities Indices Finish at All-Time Highs
U.S. stocks posted solid gains last week with the Dow Industrials and S&P 500 finishing at new record highs on renewed optimism over widening vaccinations and business reopenings
Read MoreEquities Digest Fed's Latest Views
U.S. stocks drifted lower last week amid heightened stock and bond market volatility surrounding several policy decisions from the Federal Reserve.
Read MoreDow, S&P 500 Finish at Record Highs
U.S. stocks broadly rallied last week with gains driving the Dow Industrials and S&P 500 to fresh all-time highs, while the Nasdaq Composite rebounded to snap a three-week losing streak.
Read MoreBig Board Stocks Rebound
U.S. stocks rallied back on Friday from steep intra-week losses as bond yields climbed while a stronger-than-forecast January jobs report reignited optimism for a quick economic recovery.
Read MoreStocks Retreat as Treasury Yields Jump
All major stock market indices retreated last week. Bond investors are starting to get anxious about the prospects of future growth, demanding more yield on their bonds.
Read MoreEquities Take a Breather
U.S. stocks pulled back last week, snapping back-to-back weekly gains as Treasury yields advanced on investor jitters about increasing evidence of faster inflation tied to economic recovery.
Read MoreEquities Plow Higher
U.S. stocks advanced a second week as investors cheered progress for additional fiscal stimulus with House Democrats approving $1,400 direct payments for most Americans.
Read MoreEquities Rebound to Record High
The S&P 500 rebounded by over 4.5% last week, more than erasing its 3.3% prior week loss after news that U.S. Congress is moving towards more fiscal stimulus, an outcome that Treasury Secretary Janet Yellen has now embraced.
Read MoreEquities Selloff Most Since October
U.S. stocks fell sharply with the S&P 500 turning negative for the year (-1% YTD) after posting its worst week since October.
Read MoreStocks Post Solid Gains
Inaugural Rally Best in 84 YearsMajor U.S. equity indices posted solid gains last week as investors were encouraged by incoming President Biden’s issuance of 10 executive orders specifically aimed at combating COVID-19. The S&P...
Read MoreStocks 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.
Read MoreStocks 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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