Jan 12, 2025 | Financial Planning
Markets were shut on Thursday for a national day of mourning for former U.S. President Jimmy Carter. On Friday, a better than expected job openings reading for November 2024, along with a significantly stronger than anticipated nonfarm payrolls report for December...
Oct 27, 2024 | Financial Planning
The S&P halted its longest weekly win streak of the year, the Dow Jones slumped for the week, while the Nasdaq got a boost from Tesla. The S&P and Dow were dragged down by disappointing quarterly performances from industrial giants such as GE, 3M, Honeywell,...
Jul 28, 2024 | Financial Planning
The S&P 500 on Friday ended a wild week nearly 1% lower, primarily due to a continued selloff in technology stocks. The technology sector has now slumped more than 7% in two weeks. Meanwhile, the rotation trade has continued, with the small caps, up more than 3%....
May 5, 2024 | Financial Planning
An eventful five trading days for Wall Street saw the S&P 500 post back to back weekly gains. The Federal Reserve helped with a much more dovish than expected stance at its latest monetary policy decision on Wednesday. Aside from the central bank, this week also...
Apr 7, 2024 | Financial Planning
Perhaps the last thing impatient investors want to hear was the US Federal Reserve Bank of Minneapolis President Neel Kashkari saying that interest-rate cuts may not be needed this year if progress on lowering inflation stalls—especially if the economy remains...
Mar 3, 2024 | Financial Planning
Stocks rose on Friday, with the S&P 500 and Nasdaq Composite closing at fresh record highs, as tech stocks rallied. Declining Treasury yields also provided a boost, as disappointing factory data and a decline in consumer sentiment solidified expectations for...
