Weekly Market Update

Market Action Stocks were up modestly for the week, breaking the recent trend of sharp swings which produced the worst week in two years and the best week in five years in succession. The dust has appeared to settle a bit, but volatility is likely to persist as...

Weekly Market Update

Market Action After falling into correction last week, the S&P 500 and the Dow Jones Industrial Average are both up 4% and are on track for the biggest weekly percentage increase since November 2016. The Nasdaq is also up by over 5% – its biggest week since...

Weekly Market Update

Market Action Stocks globally were down sharply for the second week in a row, and stock market volatility has returned with large daily market swings; this week the CBOE Volatility Index (the VIX) reached its highest level since China’s currency crisis in 2015. The...

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...