Mar 31, 2024 | Investments
Friday marked the end of a stellar first quarter for Wall Street, with the S&P surging ~10% and delivering its best Q1 since 2019. While the markets were closed for Good Friday, fresh data released on Friday reflected that the core personal consumption...
Mar 17, 2024 | Investments
The S&P 500 fell Friday and posted its second straight weekly loss, with tech stocks particularly feeling the heat as inflation concerns linger ahead of next week’s Federal Reserve policy meeting. The Consumer Price Index (CPI) report for February 2024...
Feb 18, 2024 | Investments
Stocks fell Friday to end the week in the negative following a second inflation report that sparked concerns the Federal Reserve may cut interest rates later rather than sooner. The January producer price index released Friday rose by a larger than expected 0.3%,...
Feb 4, 2024 | Investments
Stocks extended their record setting run on Friday, with the S&P 500 and Dow Jones average setting fresh record closing highs, as a blockbuster jobs report bolstered the outlook for corporate profits. The sizzling US labor market is good news for American workers...
Jan 21, 2024 | Investments
The stock market closed the week on a strong note, with the S&P 500 finishing at a fresh record high, boosted by a rally in semiconductor stocks and other big tech names on optimism as the University of Michigan’s survey showed consumer sentiment improved in...
Jan 7, 2024 | Investments
Stocks closed marginally higher Friday following a stronger than expected U.S. jobs report, but all three benchmark averages declined to begin 2024. For the shortened holiday week, the Nasdaq Composite index slumped 3.2%, its biggest drop since September, while the...
