Weekly Market Update
Market Action The U.S. economy added 151,000 jobs in July, below expectations, and wage gains were modest. In light of recent chatter by Fed officials on the timing of rate hikes the report suggests a September increase is unlikely, lifting stocks. British...Weekly Market Update
Market Action Stocks fell for the second consecutive week although markets remain quiet overall. Treasuries have been in their tightest trading range in years, the VIX sits far below its long-term average of 20 and equities haven’t moved more than 1% since early July....Weekly Market Update
Market Action U.S. stocks retreated slightly from their all time highs this week. Minutes from the Fed’s latest meeting revealed a divided committee while commentary from regional Presidents this week put the potential of a rate hike in focus. Futures markets still...Weekly Market Update
Market Action Another week of positive performance for U.S. equities comes in the midst of earnings season. So far, corporate profits have come in stronger than analyst expectations but still seem to be on track for the sixth consecutive decline. Of relief to market...Weekly Market Update
Market Action US equities followed up on last week’s highs by resoundingly breaking out of their range bound trading zone of the past couple of years to set brand new peaks. Financials led the rally thanks to interest rates bouncing sharply off their all-time lows as...Sign Up for Our Publications
