Weekly Market Update
Market Action Utilities were once again a leading sector in U.S. equity markets this week as stocks delivered weak results. With the 10-Year treasury yield once again dipping below 2.2% investors sought out the high dividends offered by utilities. Employment data for...Weekly Market Update
Market Action Some poor earnings reports from a handful of notable companies and weaker than expected economic data kept equity markets in check for much of the week. With the poor data in hand Treasury yields fell giving a boost to the dividend rich Utilities and...Weekly Market Update
Market Action With an agreement between Greece and its creditors secured over the past weekend major averages around the world rallied and renewed optimism for equity investors. The Technology and Financial sectors led the way in the U.S. thanks to strong earnings...Weekly Market Update
Market Action The major U.S. averages stayed relatively flat throughout the week. The emphatic “No” vote in Greece weighed down markets early on in the week before a new proposal by the Greek government Thursday night helped spark some recovery. Renewed fears over...Weekly Market Update
Market Action Markets started the week in the red across the world thanks to Greece’s abandonment of negotiations and surprise call for a referendum. Equities in the U.S. recovered some losses but still ended the week down more than 1% across the major indices....Sign Up for Our Publications
