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...
Stock Markets
Stocks managed to extend their recent gains, even with a
shortened holiday week; the S&P 500 closed near its record high. All investors
felt relief after the U.S. and China agreed to suspend new tariffs and resume
negotiations with no specifics. While that was the...
Stock Markets
Stocks finished mixed this week as markets took in the
strong gains from the month of June. Investors were in a wait-and-see mode
anticipating Friday’s G20 Summit in Japan. The big takeaway would be a trade
truce and resumption of negotiations between the U.S. and...
Stock Markets
This is the third straight week that U.S. stocks finished
higher. Both the S&P 500 and the Dow closed at new record highs. The clear
driver for the for the rally in both bonds and stocks was the Federal Reserve
releasing news that it is...
Stock Markets
The week was pretty quiet with stocks edging higher and in a
bright spot, small-cap companies outperforming. There were a number of
high-profile mergers that lifted investors' confidence this week, but indexes
gave back some gains on Friday, likely due to chipmaker Broadcom’s announcement
that the...
Stock Markets
The S&P 500 rallied 4.4% as stocks finished higher for
the best weekly gain in the last six months. However, bond yields declined to
the lowest levels in nearly two years. Increased expectations of a Fed rate
cut, positive response to the U.S. and Mexico...
