Tag: Fed

Dow, Nasdaq, S&P 500 Advance – Weekly Update

September 9, 2019 | By Steven DiGregorio

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. The broad U.S. equity market, as represented by the S&P 500, added […] READ MORE


Fed Cuts Rates, Stocks Retreat — Weekly Update

August 5, 2019 | By Steven DiGregorio

The Week on Wall Street Last week, the Federal Reserve cut interest rates for the first time in more than a decade, in line with Wall Street’s expectations. Ironically, stocks had their worst week of 2019. The S&P 500 finished the week 3.10% lower. The Dow Jones Industrial Average and the Nasdaq Composite also posted […] READ MORE


Optimism Spurs a Broad Rally- Weekly Update

February 26, 2019 | By Steven DiGregorio

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 pact were […] READ MORE


Examining Economies – Weekly Update

October 9, 2018 | By Steven DiGregorio

Although new data continued to show strength in the U.S. economy, markets stumbled across the globe last week. The S&P 500 lost 0.98%, the Dow dropped 0.04%, and the NASDAQ declined 3.21%. International stocks in the MSCI EAFE struggled, posting a 2.35% loss. While U.S. and international stocks followed similar paths last week, data is […] READ MORE


The Bull Market Continues – Weekly Update

August 28, 2018 | By Steven DiGregorio

Last week marked a noteworthy milestone in our economy: On Wednesday, August 22, the bull market entered its 3,453rd day, the longest such run in U.S. history. In the past 9 plus years, domestic indexes have come quite a ways since the dark days of the financial crisis. The S&P 500 is now more than […] READ MORE


Stocks Up As Data Comes In – Weekly Update

August 6, 2018 | By Steven DiGregorio

Domestic markets ended last week in positive territory, as the S&P gained 0.76%, the Dow was up 0.05%, and the NASDAQ increased 0.96%. This performance marked the 5th week in a row that the S&P 500 and Dow posted gains. Meanwhile, international stocks in the MSCI EAFE stumbled, losing 1.47% for the week. Once again, […] READ MORE


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