Stock Markets Stocks advanced to near record highs this week thanks to improving economic data, supportive global central-bank policies, and new optimism around the trade issue that has been plaguing the markets. In a positive move, China announced that it would exclude certain U.S. products from tariffs. The...
Stock Markets Despite the turmoil and a shortened week, U.S. stocks finished higher for a second week in row. To follow suit the S&P 500 entered a range that appears to be about to reach a record high. The rally was driven again by positive news around...
Stock Markets U.S. stocks managed to eek out another gain, ending the week in and the month of August on positive note. The rally was fueled by optimism about the possible reduction of trade clashes between the U.S. and China based on conciliatory...
Stock Markets It appeared that stocks would finish the week higher Friday until China unveiled a new round of retaliatory tariffs. That was met with a swift reply by President Trump vowing to respond, which sent things reeling. As trade tensions escalated, China announced that it will...
Stock Markets This is the third straight week that stocks declined, pressured by ongoing signs of a global economic slowdown and concerns about the yield-curve. The White House helped trigger a short-term rally when it announced that some tariffs scheduled to take place in September would be delayed...
Stock Markets Escalating trade tensions between the U.S. and China helped stocks to finish the week modestly lower. Bond yields fell to their lowest point in three years on volatility. An unexpected drop in China’s currency had global markets reacting widely. The drop in value was seen...
Stock Markets It was the worst week of the year so far for stocks. Worries about escalating trade tensions continue to be a factor in slowing global economic growth driven by President Trump’s announced 10% tariff on $300 billion worth of Chinese goods that will start this...
Stock Markets U.S. stocks reached new record highs, spurred by increased corporate earnings results and strong second-quarter GDP numbers. It appears U.S. economic growth slowed in the second quarter thanks to trade and business investment pressures, but consumer spending which has the greatest influence, beat estimates once again,...
Stock Markets Corporate earnings announcements took the spotlight last week as U.S. stocks finished slightly lower overall. Bank earnings were early reporters of second-quarter earnings season with mixed results. Low credit losses coupled with solid loan growth reinforce a healthy consumer outlook – a good sign for the...
Stock Markets The continued expectations of easing monetary policies across the globe buoyed stocks higher this week. After the Fed chairman’s testimony before Congress, the Dow Jones Industrial Average rallied to a new record high and closed above 27,000. Powell’s comments were clearly aimed at a more accommodative...
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