Weekly Market Recap: Week Ending 12.28.2018 In the markets: U.S. Markets: U.S. stocks closed out the week with gains forged in another week of wild volatility. Sharp declines in the beginning of the week pushed the large cap S&P 500 index into bear market territory (down 20% from recent highs), but were followed by sharp...Read More
Weekly Market Recap: Week Ending 12/14/2018 In the markets: U.S. Markets: The major U.S. indexes finished the week lower as a midweek rebound was retraced by a rout on Friday. The Dow Jones Industrial Average shed 288 points or -1.2% to end the week at 24,100. The technology-heavy NASDAQ Composite gave up -0.8% closing at...Read More
Weekly Market Recap: Week Ending 12/7/2018 In the markets: U.S. Markets: U.S. stocks fell sharply this week, with the technology-heavy NASDAQ Composite and smaller-cap indexes faring the worst. The Dow Jones Industrial Average plunged almost 1150 points ending the week at 24,388, a decline of -4.5%. The NASDAQ Composite shed 361 points, or -4.9%, to...Read More
Weekly Market Recap: Week Ending 11/30/2018 In the markets: U.S. Markets: The major U.S. indexes rebounded strongly this week as Federal Reserve Chair Jerome Powell said that the federal funds rate is “just below” a neutral level (from his previous “a long way” from neutral), instantly moderating expectation of future interest rate hikes. The comments...Read More
Weekly Market Recap: Week Ending 11/23/2018 In the markets: U.S. Markets: U.S. stocks endured a second week of losses, primarily due to sell-offs on Monday and Tuesday. Declines were particularly evident in technology stocks, but energy stocks were also particularly weak as crude oil prices continued to tumble. The Dow Jones Industrial Average fell...Read More
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