Sep 14, 2025 | Wealth Management
On Thursday, the headline August consumer price index (CPI) came in hotter than expected. CPI advanced to 2.9%, the largest increase since January, after climbing 2.7% in July. Consumer prices increased by the most in seven months in August amid higher costs for...
Sep 7, 2025 | Wealth Management
Wall Street ended the week mixed as hopes of more aggressive Fed easing this year were balanced with concerns about a recession as the weakness in the labor market. On Friday, the August jobs report showed an anemic 22K rise in payrolls last month, while revisions...
Sep 1, 2025 | Wealth Management
Wall Street on Friday notched a marginal loss for the week, but during the week, the S&P 500 achieved the 19th and 20th record close this year. Nvidia, the world’s largest chipmaker, highlighted the week with its quarterly report. Despite its results...
Aug 27, 2025 | Wealth Management
Wall Street on Friday posted its best week since late June, driven by a combination of a rebound from a weak July jobs report, a surge in tech stocks, a solid batch of quarterly earnings, and hopes of a truce between Russia and Ukraine. It’s as if nothing happened....
Aug 27, 2025 | Wealth Management
Wall Street this week was headed for a solid loss, weighed down by a rout in technology stocks and disappointing retail earnings. However, a dovish signal from Federal Reserve chair Jerome Powell on Friday at the annual Jackson Hole Economic Policy Symposium sparked a...
Jul 27, 2025 | Wealth Management
Wall Street wrapped up a strong week with the S&P 500 index notching its 14th record close of the year at 6,388.64 points. Sentiment was boosted by positive trade developments and solid quarterly reports. Trump announced a “massive deal” with Japan on...
