Market Action Energy shares led the market this week, rising over 4% thanks to news that OPEC agreed to broad principles of a production cut. The cartel will target a range of production and final details will be worked out in November. The U.S. Department of Justice...
Weekly Market Update
Market Action Another FOMC meeting and another pass on a rate hike as the Federal Reserve left rates unchanged and lowered its forecast for future interest rates. Stocks rallied even though Chairwoman Yellen provided a strong indication that a hike will occur before...Weekly Market Update
Market Action Markets recovered some of their losses from last week as the Nasdaq approaches an all-time high thanks to Apple’s resurgence in the midst of iPhone 7 demand. Median household income rose at the greatest rate in nearly a generation according to data...Weekly Market Update
Market Action Volatility returned to the markets in a big way with the VIX rising 40% and giving stocks their worst day since the Brexit vote. Among the factors being cited as the cause of Friday’s sell off is inaction by the ECB. Mario Draghi did not announce any new...Sign Up for Our Publications
