Tag: Record Highs

Earnings Build; GDP Slows – Weekly Update

November 1, 2021 | By Steven DiGregorio

Earnings Drive Market The week kicked off with the Dow Jones Industrials and S&P 500 index setting record highs as the financial markets carried over the previous week’s price momentum.4 Stocks continued to climb on a string of forecast-beating earnings results. With about half of the S&P 500 constituent companies having reported earnings, more than […] READ MORE

Strong Week on Wall Street – Weekly Update

October 25, 2021 | By Steven DiGregorio

Earnings Ignite Rally Fears over inflation, supply shortages, and slowing economic growth in China were pushed aside last week as investors reacted to a daily succession of positive corporate earnings surprises. After the Dow Industrials reached an all-time high intraday on Wednesday, fresh earnings reports, an increase in existing home sales, and a new pandemic […] READ MORE