Markets experienced heightened volatility last week, with the S&P 500 rising 0.49% and Dow dropping 0.48%. Meanwhile, the NASDAQ rose 1.62%, as international markets took a small dip, with the MSCI EAFE losing 1.10%.[i] [ii] The markets’ highs and lows came from a variety of economic and geopolitical developments. The U.S. jobs report posted solid gains […]
“The waiting is the hardest part Every day you see one more card You take it on faith, you take it to the heart The waiting is the hardest part.” Tom Petty 1981 I would assume that most of you had multiple influences that shaped your musical tastes. Family, friends, and time periods all serve […]
Last week, various factors came together to support the growth. From geopolitical topics to strong corporate earnings, we’ll focus on 3 key developments that drove movement. Energy Shares Boosted by Iran Nuclear Deal Withdrawal President Trump’s decision on Tuesday to withdraw from the Iran nuclear deal helped push the energy sector higher. With the possibility […]
Amid the relatively tepid performance last week in the markets, we reached a big milestone on May 1: Our current economic expansion is now officially the 2nd longest on record. For 8 years and 10 months, the economy has been growing (albeit slowly), and many sectors still have room to advance (hopefully).[i] As we look to better understand where […]
Markets were closed on March 30 for Good Friday, but in the four days of trading, stocks recovered some of this year’s losses.[i] For the week, the S&P 500 added 2.09%, the Dow gained 2.67%, and the NASDAQ increased by 1.03%.[ii] International stocks in the MSCI EAFE grew 0.81%.[iii] However, on Monday the markets fell […]
What drove last week’s market performance? While talk of tariffs on aluminum and steel imports affected stocks last week, a major jobs report was arguably the biggest market mover.[i] The Bureau of Labor Statistics released its latest jobs report on Friday, and the numbers relieved many investors’ inflation concerns. The data showed that the economy added […]
A popular phrase on long car rides is, “Are we there yet?” That’s also the question a lot of investors have asked since the past two weeks have been such a wild ride. The S&P 500 fell a bit more than 10% from its peak but has rallied significantly since then. So the “Are we there […]
Three stories that have dominated conversations and driven investor attention in 2017 continued last week: Healthcare policy: The Senate’s continuing discussion of healthcare reform impacted stock performance in connected industries Tension with North Korea: The markets responded quietly to continuing conflict between President Trump and Kim Jong Un, although some investments saw a bump later […]
Last week gave a number of things for both investors and non-investors to think—and worry—about. From North Korea’s missiles to Hurricane Harvey’s devastation to an unemployment uptick, the headlines were busy. Yet, despite these circumstances, U.S. stocks posted gains again this week—and the NASDAQ ended Friday with a new record high and 2017’s best weekly […]
The news so far this week has mostly been focused on the devastation from Hurricane Harvey in Texas. Our prayers go out to the many people affected by the storm. Last week provided a number of economic updates, and a report from Fed Chair Janet Yellen helped push the markets higher. [i] Rather than providing […]
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