Weekly Market Update

Market Action Stocks recorded their first weekly loss of 2018. The S&P 500 Index suffered its worst weekly drop in two years. Rising yields and inflationary fears are cited as main culprits; however, valuation and political fears should not be discounted as...

Weekly Market Update

Market Action Stocks continued their winning streak, with the major indexes notching their fourth consecutive weekly gain and moving to new record highs. The British pound rallied above 1.40 against the US dollar for the first time since the Brexit vote. The dollar...

Weekly Market Update

by Andy Quirk   Market Action The U.S. Federal Government officially shut down in the early hours of Saturday as Democrats blocked a stopgap spending measure, allowing government funding to expire. The funding dispute is largely over funding for the Deferred...

Weekly Market Update

Market Action The Euro rose to a three-year high versus the dollar on Friday after German party leaders reached a breakthrough in talks to form a “grand coalition” and minutes from the ECB’s mid-December meeting signaled the ECB could slow its stimulus...

Weekly Market Update

Market Action The Dow Jones Industrial Average closed above 25,000 for the first time on Thursday, while the FTSE 100 and MSCI Asia Pacific also closed at all-time highs during the week. All three major US stock indices – the Dow, the S&P 500, and the Nasdaq –...