Tag: Jobs

Investors Move Past Mixed Fed Message – Weekly Update

February 5, 2024 | By Steven DiGregorio

Stocks pushed higher last week as investors cheered mega-cap tech corporate reports and a better-than-expected employment report. Stocks at New Highs At the beginning of the week, stocks surged, anticipating fourth-quarter corporate updates from tech companies and the Federal Reserve’s two-day policy meeting; this led to the S&P 500 Index reaching a new record high […] READ MORE


New Year’s Rally in Reply to Positive Economic News – Weekly Update

January 9, 2023 | By Steven DiGregorio

A strong Friday rally triggered by fresh signs of moderating inflation pushed stocks into positive territory to begin the new year.  The Dow Jones Industrial Average rose 1.46%, while the Standard & Poor’s 500 advanced 1.45%. The Nasdaq Composite index gained 0.98%. The MSCI EAFE index, which tracks developed overseas stock markets, added 0.90%.1,2,3 Stocks […] READ MORE


Markets Sag, Job Numbers Soar – Weekly Update

September 6, 2022 | By Steven DiGregorio

The overhang of Fed Chair Powell’s Jackson Hole speech the previous week carried over into last week as investors recalibrated stock valuations amid a seemingly more assertive monetary policy stance. The Dow Jones Industrial Average fell 2.99%, while the Standard & Poor’s 500 stumbled 3.29%. The Nasdaq Composite index lost 4.21%. The MSCI EAFE index, […] READ MORE


Trade & Turkey Drive Markets – Weekly Update

August 20, 2018 | By Steven DiGregorio

Challenges in emerging markets affected both U.S. and global stock performance last week, with the S&P 500 experiencing several down days. By market close on Friday, however, two of the three major domestics posted gains for the week. The S&P 500 added 0.59%, the Dow increased 1.41%, and the NASDAQ lost 0.29%. Meanwhile, the MSCI […] READ MORE


Jobs Push Stocks Up – Weekly Update

July 9, 2018 | By Steven DiGregorio

Domestic stocks only traded for 4 days last week, due to the Independence Day holiday. In that time, all 3 major domestic indexes posted positive results for the week. The S&P 500 added 1.52%, the Dow gained 0.76%, and the NASDAQ increased 2.37%. International stocks in the MSCI EAFE were up as well by 0.56%. […] READ MORE


Job Report Calms Volatility – Weekly Update

June 5, 2018 | By Steven DiGregorio

Markets experienced heightened volatility last week, with the S&P 500 rising 0.49% and Dow dropping 0.48%. Meanwhile, the NASDAQ rose 1.62%, as international markets took a small dip, with the MSCI EAFE losing 1.10%. The markets’ highs and lows came from a variety of economic and geopolitical developments. The U.S. jobs report posted solid gains […] READ MORE


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