Weekly Market Update
Market Action The stock market’s streak of consecutive days without a 1% move down ended at 67 days, the longest streak on record. Politics is being blamed for the downturn as investors are reversing their “Trump trade” bets, fearing the President will not be able to...Weekly Market Update
Market Action The Federal Reserve proceeded with another rate hike this week, just as markets expected. Chair Janet Yellen cited confidence in the progression of the economy’s fundamentals as the reason for the rate hike while affirming the expectation for two...Weekly Market Update
Market Action The U.S. added 235,000 jobs in February, far above the 198,000 that analysts and economists had estimated. The unemployment rate fell to 4.7% while labor force participation and wages both increased. All eyes will now be on the Federal Reserve this...Weekly Market Update
Market Action The Dow’s streak of closing at consecutive highs ended at 13 but shares still ended the week at further record levels. Markets added more than 1% on Wednesday following the President’s address to the nation as enthusiasm for prospective fiscal boosts and...Sign Up for Our Publications
