by Laura Hochstetler | Sep 3, 2017 | Uncategorized, Weekly Market Update
Market Action All three major US stock market indices posted weekly advances, and a strong showing for tech and biotech stocks helped the Nasdaq show its best weekly performance so far this year. Asian markets headed into the weekend on a cautious note, bringing an...
by Laura Hochstetler | Aug 27, 2017 | Uncategorized, Weekly Market Update
Market Action US stocks recorded gains for the week, mostly due to a solid rally on Tuesday. Trading volumes were light, however, as investors showed caution in anticipation of guidance from central bankers attending the annual Jackson Hole symposium hosted by the...
by Laura Hochstetler | Aug 20, 2017 | Uncategorized, Weekly Market Update
Market Action The major stock markets finished Friday on a negative note, adding to their losses for the second consecutive week of broad market declines attributed to geopolitical concerns (North Korea last week) and tremors within the White House (this past week)....
by Laura Hochstetler | Aug 6, 2017 | Uncategorized, Weekly Market Update
Market Action The Dow Jones Industrial Average ended the week at a fresh record, buoyed by a jobs report that showed employers continued hiring at a healthy rate in July. The United States Bureau of Labor Statistics reported on Friday that U.S. employers added a...
by Joel Charalambakis | Jul 29, 2017 | Uncategorized, Weekly Market Update
Market Action Spanish GDP accelerated at its fastest rate in two years during the past quarter. Spain’s economy grew over 3% over the past year according to recent data released. The accelerated growth and continued fiscal consolidation led to S&P and Fitch both...
by Joel Charalambakis | Jul 23, 2017 | Uncategorized, Weekly Market Update
Market Action China’s economy accelerated its growth rate in Q2 to 6.9%, with consumer spending, factory output and investment all posting strong figures. Retail sales were also at their strongest level in over a year. While critiques of China’s data are valid,...