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More Historic Highs

The Week on Wall Street A better-than-forecast jobs report prompted a stock market rally Friday, two days after traders witnessed another interest rate cut by the Federal Reserve.  Economy Adds 128,000 Jobs in October This net increase far surpassed the gain of 85,000 projected by a Bloomberg poll of economists. These job gains occurred even […]

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A Little Higher

The Week on Wall Street Earnings helped give the Nasdaq Composite and S&P 500 a slight lift last week, offsetting investor disappointment over the small scope of the preliminary U.S.-China trade deal reached on October 11. Blue chips took a small weekly loss.    The Early Earnings Picture According to stock market analytics firm FactSet, 15% […]

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Markets Advance

The Week on Wall Street Stocks rose last week, with help from two developments: the announcement of further U.S.-China trade talks as well as August hiring and manufacturing numbers that seemed to bolster the argument for a rate cut by the Federal Reserve. Trade Talks Poised to Restart Trade representatives from the U.S. and China […]

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