Weekly Market Update

Market Action Markets recovered from last week’s sell off but still saw volatility continue with the Dow alternating triple digits moves throughout the week. The most apparent catalyst was the Federal Reserve’s published statement, which removed the word “patient”...

Weekly Market Update

Market Action Disappointing economic data and bouts with volatility kept U.S. markets down this week. Analysts cast a theme of blaming the dollar’s rise for keeping corporate profitability low for the foreseeable future. Stocks gave up their gains for the years except...

Weekly Market Update

Market Action A surprising and sterling jobs number on Friday did not enthuse U.S. equities as a near 300-point fall in the Dow closed out the week. Utilities led the selloff on Friday, moving in tandem with bond yields, which also saw their highest point in 2015....

Weekly Market Update

Market Action U.S. markets closed out the month of February with one of the best months in the past few years, coming off a disappointing January. All sectors, save for the interest sensitive utilities, rose for the month. After agreeing to a deal with the Eurogroup...

Weekly Market Update

Market Action Thanks to a surge in markets on Friday major indices in the U.S. closed the week in positive territory. The main catalyst for the upswing was a deal reached between Greece and the Eurogroup for continuing the current program.   The deal between...

Weekly Market Update

Market Action Major U.S. benchmarks closed the week in positive territory for the year despite the lack of major data releases to support the moves. Technology led the week thanks to some promising earnings and news out of the sector followed up by Materials who are...