Feb 25, 2024 | Wealth Management
Stock markets in the United States, Europe and Japan set record highs this week after Nvidia reported blowout quarterly earnings results and strong guidance after the closing bell on Wednesday. “Insatiable demand” for the company’s artificial...
Feb 11, 2024 | Wealth Management
A surge in mega cap tech stocks helped lift the S&P 500 and Nasdaq Friday, with the S&P holding above the 5,000 level for the first time and extending its record high, after December’s revised inflation reading came in lower than first reported. On...
Jan 28, 2024 | Wealth Management
This week provided more proof that the US economy is steaming ahead. Economic growth in the fourth quarter trounced forecasts and gross domestic product increased 2.5% for the year. On Friday, there was even more good news for the US on the inflation front. The...
Jan 14, 2024 | Wealth Management
Stocks mostly fell Friday but edged higher for the week, as traders examined the first batch of fourth quarter earnings and a pair of closely watched inflation reports. An unexpected downtick in producer price inflation provided a source of optimism, although this was...
Dec 10, 2023 | Wealth Management
Stocks closed higher Friday following a strong monthly jobs report to clinch a sixth straight week of gains, with the S&P 500 and Nasdaq Composite hitting their highest closing levels since early 2022. More broadly, the drop in the unemployment rate to 3.7%...
Dec 3, 2023 | Wealth Management
Stocks pushed higher Friday, with the S&P 500 and Dow Jones indexes recording their highest levels in more than a year, after Federal Reserve Chair Jerome Powell supported the market consensus view that key interest rates have peaked. The three major stock market...