July 25, 2022 | By Steven DiGregorio
Earnings Propel Stocks Earnings season kicked off last week, with major banks reporting second-quarter results. While their results were mixed, they appeared to indicate that consumers and businesses remained reasonably healthy–a perspective that helped erase some negative sentiment overhanging the market. As the week progressed, stocks gained momentum as earnings results poured in from different […] READ MORE
September 25, 2018 | By Steven DiGregorio
Last week brought new tariffs and data, and another look at changes coming to equity classifications. Overall, the S&P 500 gained 0.85% and the Dow was up 2.25%, while the NASDAQ dropped 0.29%.[1] International stocks in the MSCI EAFE had sizable growth, posting a 2.89% increase.[2] A Look Back: Last Week’s Tariffs and Mixed Housing Data […] READ MORE
June 18, 2018 | By Steven DiGregorio
Last week stocks showed mixed results as political headlines continued to dominate the news. The Dow lost 0.89% and the S&P 500 was almost flat with a 0.02% gain. The NASDAQ, on the other hand, reached a record high on Thursday and ended the week up 1.32%. Both the S&P 500 and NASDAQ experienced their […] READ MORE
May 29, 2018 | By Steven DiGregorio
Geopolitical uncertainty affected stocks last week, as the historic summit between the U.S. and North Korea began to look less likely. On Thursday, May 24, President Trump announced that the summit was off, and stocks stumbled in reaction. The next day, Trump said the meeting might still occur next month, leaving investors questioning the eventual […] READ MORE
March 12, 2018 | By Steven DiGregorio
Domestic stocks leapt ahead last week as the latest jobs report inspired renewed confidence in our economic standing. The S&P 500 added 3.54%, and the Dow gained 3.25%. The NASDAQ erased its losses from February’s market correction to hit a new record close while growing 4.17% for the week. International stocks in the MSCI EAFE […] READ MORE
December 26, 2017 | By Steven DiGregorio
As we headed into the long holiday weekend, the markets continued to climb as tax reform moved forward. For the week, the S&P 500 closed up 0.29%, the Dow rose 0.43%, and the NASDAQ gained 0.35%. International stocks in the MSCI EAFE increased by 1.23%. Before leaving for his holiday vacation, President Trump signed a […] READ MORE