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Monday, December 11, 2023

Tuesday, June 27, 2023

U.S. stocks posted slight losses last week as investors were cautious about the solid gains stocks have posted over the last few weeks. In fact, the bottom of last year’s bear market ended in October when a new bull market began....

Tuesday, June 27, 2023

U.S. stocks rose last week. Mostly it was on the good news that the Fed would hit the pause button on interest rate increases for now. Indexes dropped initially when investors dug into the details of the announcement. The central bank...

Tuesday, June 13, 2023

U.S. stocks rose slightly last week but it was enough for the announcement that the bear market for the S&P 500 has officially ended. The recent bear market technically ended on October 13, 2022 as the S&P 500 is now up over 20% from...

Monday, June 5, 2023

U.S. Markets posted solid gains on the big news of a budget deal that averted a potential financial catastrophe. Wait, no that wasn’t it. The markets posted solid gains on news of a continuing strong labor market...

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Monday, May 29, 2023

Markets rallied on Friday as hopes for a resolution to the debt ceiling seemed to be taking shape. Details of a deal weren’t final Friday afternoon, but many investors seemed confident an agreement would pass Congress before the...

Monday, May 22, 2023

Will they or won’t they? That was one of the questions markets focused on last week. Of course I’m talking about the stall in Washington over the debt ceiling. The only thing both sides of the aisle have in common is their...

Monday, May 15, 2023

Markets were mixed last week as inflation cooled in April for the 10th consecutive month. The Consumer Price Index (CPI) continued its drop from a peak of 9% last summer. The 4.9%, while still stubbornly high, continues to move in the...

Monday, May 8, 2023

The Dow Jones Industrial Average and S&P 500 posted slight losses for the week and the Nasdaq was flat. It was another roller coaster week as markets continued to deal with both an aggressive central bank and more uncertainty in the...

Tuesday, May 2, 2023

U.S. stock markets were slightly lower last week as investors poured over first quarter earnings for financial institutions. Results were mostly positive but there was still a price divergence between large banks and smaller regionals....

Monday, May 1, 2023

It was a roller coaster week for U.S. stocks as the focus turned toward the latest inflationary statistics. Both the Dow Jones Industrial Average and the S&P 500 were up less than one percent while the tech-heavy Nasdaq was up 1.28%....

Monday, April 24, 2023

U.S. stock markets were slightly lower last week as investors poured over first quarter earnings for financial institutions. Results were mostly positive but there was still a price divergence between large banks and smaller regionals....

Monday, April 17, 2023

U.S. stock indices managed to post another weekly gain as big banks were first up to report earnings. JPMorgan Chase & Co. posted a 52% jump in profits. Wells Fargo and Citigroup also beat analysts estimates. UnitedHealth beat...

Monday, April 10, 2023

The stock market was closed for Good Friday when the job numbers were released. 236,000 new workers were added last month, a strong figure, but the smallest gain in more than two years. The official unemployment rate dropped slightly...

Monday, April 3, 2023

The stock market roared upward to close the last week of the quarter on a strong note. By the ring of the closing bell on Friday, the S&P 500 rose 7% for the quarter while the tech-heavy Nasdaq gained almost 17%. The Dow Jones...