Wall Street stumbled this week, with consumer discretionary and information technology stocks leading the retreat. Concerns over peak earnings growth continued to linger, and a further breakdown in oil prices also weighed on investor sentiment. Brexit reentered the mix this week, along with U.S.-China trade headlines. The S&P 500 lost 1.6%, the Dow lost 2.2%, the Nasdaq lost 2.2%, and the Russell 2000 lost 1.4%. Read More
The S&P 500 rose 2.1% this week, but had to weather a late week sell-off after the latest policy statement from the Federal Reserve humbled an upbeat reaction to the midterm elections. Neither outcome was a surprise, but they were representative of recent market volatility. Read More
Democrats swept into the majority in the House of Representatives on Tuesday, while Republicans increased their margin in the Senate. The outcome was in line with pre-election expectations, and the stock market reaction on Wednesday was extremely positive. Read More
Stocks Stage Rebound Following October Sell-Off. The S&P 500 staged a rebound effort this week, tallying a 2.4% weekly gain. The continued expectation that the market was due for a bounce-back after last month’s sell-off, compounded with mostly upbeat earnings and easing trade tensions, underpinned the rally. Read More
It’s almost Election Day in the US once again. For those who need a brief civics refresher, every two years the full US House of Representatives and one-third of the Senate are up for re-election. Read More
The stock market closed last Friday over 9% below its recent peak and is now negative for the year. Interest rates have retreated, with the 10-year yield falling to 3.08%. Many sectors are in or near correction territory, including Financials, Industrials, Materials, and Communication Services. Read More
The stock market had another terrible week, in what has been a very bad month. The Russell 2000 is down 12.5% in October; the Nasdaq Composite is down 10.9%; the S&P 500 is down 8.8%; and the Dow Jones Industrial Average is down 6.7%. Read More
Our 3rd Quarter 2018 Newsletter features articles on the markets, investing, and financial planning. We hope you find them helpful. Read More
Stocks had a mixed outing this week after suffering heavy losses in the week prior. The benchmark S&P 500 finished flat, leaving its October loss at 5.0%, and the blue chip Dow ticked up 0.4%. Conversely, the tech-heavy Nasdaq fell 0.6%, and the small-cap Russell 2000 lost 0.3%. Read More
A great quote on maintaining composure in volatile situations is often attributed to the boxer Mike Tyson: “everyone has a plan until they get punched in the face.” With the S&P 500 tumbling -4.1% last week, many investors may feel a bit roughed up. Read More
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