Weekly Market Insights – Monday, December 2, 2024
Stocks Maintain Momentum During Thanksgiving Week: Markets recorded more strong gains during the shortened holiday week as investors analyzed fresh economic data, discussions on potential trade policy shifts, and a few Q3 earnings reports from tech companies. The S&P 500 Index gained 1.06%, while the Nasdaq Composite Index advanced 1.13%. The Dow Jones Industrial Average rose […]
Weekly Market Insights – Monday, November 25, 2024
Holiday Optimism Helps Lift Markets: Despite ongoing geopolitical tensions and underwhelming Q3 corporate updates, stocks managed to rebound last week, with major indexes recording notable gains fueled by pre-holiday investor optimism. The S&P 500 Index rose 1.68%, while the Nasdaq Composite Index gained 1.73%. The Dow Jones Industrial Average led, picking up 1.96%. The MSCI […]
Weekly Market Insights – Monday, November 18, 2024
Market Rally Loses Steam as Fed Weighs Next Move: Stocks declined last week as the post-election rally lost momentum due to an uptick in inflation and cautious comments from Fed officials about future interest rate adjustments, which raised concerns among investors. The S&P 500 Index fell 2.08%, while the Nasdaq Composite Index declined 3.15%. The […]
Weekly Market Insights – Monday, November 11, 2024
Stocks Surge Post-Election; Fed Cuts Rates Again: Stocks surged higher last week, fueled by the Fed’s latest rate cut decision and post-election enthusiasm as investors looked to future policy impacts of a Republican-controlled Senate and executive branch. The S&P 500 Index spiked 4.65%, while the Nasdaq Composite Index gained 5.74%. The Dow Jones Industrial Average […]
Weekly Market Insights – Monday, November 4, 2024
Stocks Slide on Jobs Data and Election Uncertainty: Markets declined last week as mixed economic data and solid yet unremarkable Q3 corporate earnings reports failed to motivate investors ahead of this week’s election. The S&P 500 Index fell 1.36%, while the Nasdaq Composite Index declined 1.50%. The Dow Jones Industrial Average edged down 0.15%. The […]
Weekly Market Insights – Monday, October 28, 2024
Stocks Yield Mixed Performance Ahead of Election: Markets experienced increased volatility last week as new economic data and uncertainties surrounding the upcoming election dampened recent market momentum. The S&P 500 Index fell 0.96%, while the Nasdaq Composite Index rose 0.16%. The Dow Jones Industrial Average dropped 2.68%. The MSCI EAFE Index, which tracks developed overseas […]
Weekly Market Insights – Monday, October 21, 2024
Wall Street Posts Sixth Straight Week of Gains: Stocks posted more modest gains last week, with quarterly earnings season in full swing and the election on the horizon. The S&P 500 Index increased 0.85%, while the Nasdaq Composite Index rose 0.80%. The Dow Jones Industrial Average advanced 0.96%. The MSCI EAFE Index, which tracks developed […]
Weekly Market Insights – Monday, October 7, 2024
Market Ends the Week Flat Despite Friday Rally: Stocks remained largely unchanged last week as geopolitical tensions introduced some volatility to an otherwise uneventful trading period. The Dow Jones Industrial Average was flat (+0.09%), while the S&P 500 Index ticked up 0.22%. The Nasdaq Composite also was flat (+0.10%). The MSCI EAFE Index, which tracks […]
The First Cut Is the Deepest: How Long Can the Fed Rate Cutting Cycle Last?
By Gary Aiken | October 3, 2024 Cheryl Crow sang the title song for this month’s insight about a relationship gone wrong. In the lyrics, she desires to love again, but she knows it’s just not meant to be – the first cut is the deepest. Similarly, I think the Federal Reserve Chair Jerome Powell […]
Weekly Market Insights – Monday, September 30, 2024
Markets Maintain Momentum as D.C. Avoids a Shutdown: Stocks notched more notable gains last week, building on the momentum generated following the Federal Reserve’s recent decision to cut short-term rates by 0.50%. The S&P 500 Index gained 0.59%, while the Nasdaq Composite rose 0.95%. The Dow Jones Industrial Average added 0.62%. The MSCI EAFE Index, […]