Weekly Updates

15
Apr

The Q1 Earnings Season Begins

The Week on Wall Street Stocks broke out of a narrow range on Friday following news that two major banks grew their bottom line in the first quarter. For the week, the S&P 500 rose 0.79%; the Nasdaq Composite, 0.91%. The Dow Jones Industrial Average improved 0.50%. Turning to overseas stocks, the MSCI EAFE index declined 0.09%.[i],[ii],[iii],[iv]   The market

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8
Apr

Special Update: Quarterly Report

Weekly Update – April 8, 2019 The Week on Wall Street Stocks just posted their second straight weekly gain. Investors were encouraged by the latest jobs report and new signs of progress on a U.S.-China trade deal. The Dow Jones Industrial Average advanced 1.17% in five trading days; the S&P 500, 1.27%; the Nasdaq Composite, 1.72%. The MSCI EAFE index

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1
Apr

Gains Conclude a Great Quarter

Weekly Update – April 1, 2019 The Week on Wall Street Stocks ended last week higher as volatility slowed, completing their best quarter since 2009. A Friday tweet from Treasury Secretary Steven Mnuchin encouraged investors, referring to “constructive” discussions in the ongoing U.S.-China trade negotiations.[i]   The S&P 500 gained 1.27% for the week. The Dow Industrials and Nasdaq Composite

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25
Mar

Treasury Yields Prompt Concerns

Weekly Update – March 25, 2019 The Week on Wall Street Friday, the yield of the 3-month Treasury bill exceeded the yield of the 10-year Treasury note for the first time in 12 years. For some analysts, this “inverted yield curve” may imply a short-term lessening of confidence. (Treasury yields move inversely to Treasury prices.)[i]   As a result, the

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18
Mar

Dow, S&P, Nasdaq All Rise

Weekly Update – March 18, 2019 The Week on Wall Street The big story last week was the sudden grounding of Boeing 737 Max 8 and 9 passenger jets in dozens of countries. The financial effects of this ban could potentially impact the airline industry and segments of the economy for months.[i]   While the news created a headwind for

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11
Mar

Stocks Dip on Growth Concerns

Weekly Update – March 11, 2019 The Week on Wall Street As in February, investors spent most of the first full trading week of March hoping for new details in U.S.-China trade negotiations. While they waited, stock benchmarks drifted downward. From Monday’s open to Friday’s close, the S&P 500 lost 2.55%, while the Dow Industrials took a 2.66% fall, and

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4
Mar

S&P Ends Week Little Changed

Weekly Update – March 4, 2019 The Week on Wall Street Stocks lost a little ground as February gave way to March. While domestic and overseas political developments made headlines, the market stayed relatively calm: from Monday’s open through Friday’s close, the S&P 500 ceded just 0.17%, finishing the week at 2,803.69.[i]   The Dow declined 0.65% in five trading

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25
Feb

Optimism Spurs a Broad Rally

Weekly Update – February 25, 2019 The Week on Wall Street Stocks rallied last week as optimism about a potential U.S.-China trade deal grew. The S&P 500 advanced 0.80% during the 4-day trading week to 2,792.67. The Nasdaq Composite improved 0.86% to 7,527.54, and the Dow Jones Industrial Average gained 0.64% to 26,031.81.   The renewed prospects for a trade

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19
Feb

Dow, S&P, Nasdaq Climb Higher

Weekly Update – February 19, 2019 The Week on Wall Street Stocks ended a good week on a high note, as hints of progress in U.S.-China trade talks encouraged investors.   When the closing bell rang Friday, the S&P 500 settled at 2,775.60, after rising 2.50% in five days. The Dow Industrials gained 3.09%, to close Friday at 25,883.25. The

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11
Feb

Stocks Post Small Weekly Gains

Weekly Update – February 11, 2019 The Week on Wall Street Major U.S. stock benchmarks eked out slight gains last week, with corporate profit reports and news about U.S.-China trade negotiations vying for investor attention over five trading sessions.   The big three ended the week little changed from where they settled the previous Friday. The Dow Jones Industrials rose

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