Feb 2, 2025 | Investments
Wall Street closed out a tough week on Friday with a 1% retreat, but overall, for the month of January, it was a positive story with an advance of nearly 3%. On Wednesday, the central bank maintained its key policy rate unchanged after three straight rate cuts to end...
Jan 5, 2025 | Investments
2025 began with the S&P 500 index ending lower in a holiday shortened week as Wall Street’s bull run lost some steam. After hefty yearly gains in 2024 with the S&P 500 returning 23.3%, investors took some money off the table. Additionally, uncertainty...
Jan 5, 2025 | Investments
2025 began with the S&P 500 index ending lower in a holiday shortened week as Wall Street’s bull run lost some steam. After hefty yearly gains in 2024 with the S&P 500 returning 23.3%, investors took some money off the table. Additionally, uncertainty...
Dec 8, 2024 | Investments
Wall Street posted a three week win streak on Friday, propelled by strengthened expectations for another interest rate cut by the Federal Reserve at its final monetary policy committee meeting of the year later this month. This week was marked by a big milestone: the...
Nov 17, 2024 | Investments
Wall Street posted its worst weekly performance since the start of September, and has now notched a negative week in three of the last four. Slightly hot consumer and producer inflation data, along with a comment from Federal Reserve chair Jerome Powell on Thursday...
Nov 3, 2024 | Investments
Wall Street’s bull run took another hit this week, due to a mixed bag of quarterly results from Alphabet, Microsoft, Meta Platforms, Apple, and Amazon. Investors were unhappy with Microsoft’s soft Azure cloud revenue growth guidance and Meta’s heavy...
