US Markets Stock overcame recession worries and mixed corporate earnings results in April, ending mostly higher. For the month, the Dow Jones Industrial Average picked up 2.48%, whereas the Standard and Poor’s 500 Index rose 1.46%. The Nasdaq Composite which…
During the first quarter of 2023 sentiment started off hot with great gains in January but had its ebbs and flows throughout the quarter. The belief that the Federal Reserve was going to be able to tame inflation and the…
US Markets Stock prices stumbled in February due to growing worries that the Fed would maintain its tight monetary posture in the face of continuing inflation. For the month, the Dow Jones Industrial Average lost 4.19%, whereas the Standard and…
US Markets Stocks rallied in January as moderating inflation, a better-than-feared earnings season, and healthy economic data put investors in a buying mood. For the month, The Dow Jones Industrial Average rose 2.83%. The Standard & Poors 500 Index jumped…
By the end of the first quarter, it seemed as if we had gone through a much-needed correction, and we were on our way to a recovery. That theory ended quickly as the 2nd quarter turned into something much worse…
For the third consecutive year, the stock market posted a double-digit positive return. The S&P 500 gained 26.9% for the year, the Dow Jones Industrial Average posted an 18.9% gain, and the Nasdaq Composite gained 21.4%. Double-Digit Returns Despite Challenges…
The market continued to surge higher as we said goodbye to 2020 and hello to 2021. Additional stimulus, mass vaccinations, and hopes for a return to a fully opened economy provided a nice backdrop for the market to further its…
Over the course of 11 trading days from January 13 to January 28, 2021, the stock of GameStop, a struggling brick-and-mortar video game retailer, skyrocketed by more than 2,200% — creating a mix of excitement and concern throughout the financial…
There is an old saying on Wall Street, “The stock market is not the economy and the economy is not the stock market.” We all got a little taste of that this past quarter when we saw a negative -4.8% GDP in the first…
Most economic slowdowns occur over time with a slow deterioration of Employment, Consumer Confidence, and Gross Domestic Product (GDP). Companies generally tighten their belts and the Fed and Government make monetary and fiscal policy changes to help soften the blow…