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
Weekly Market Recap: Week Ending 11/16/2018 In the markets: U.S. Markets: U.S. stocks fell for the week, starting with a plunge on Monday that saw the S&P 500 record its worst decline in a month. That was followed by a further decline on Wednesday, but indexes remained above their recent lows established in late October....Read More
Weekly Market Recap: Week Ending 11.9.2018 In the markets: U.S. Markets: U.S. stocks ended the week higher but gave back a portion of their gains on Friday. Large cap indexes outperformed both the technology-heavy NASDAQ Composite index and smaller-cap benchmarks. The Dow Jones Industrial Average surged 718 points or 2.8% to end the week at...Read More
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