Weekly insights on the markets, economy, and financial planning
4400 Post Oak Pkwy #200
Houston, TX 77027
Financial Synergies Wealth Advisors is a fee-only, fiduciary Financial Advisor in Houston, Texas. We specialize in wealth management services, including comprehensive financial planning and investment management.
For more than thirty years we’ve been serving the financial needs of individuals, families, and businesses in Houston, Texas and around the country.
Wealth Management Services include financial planning, retirement planning, investment management, tax planning, insurance planning, estate planning, and company retirement plans.
Find out if we’re a good match for your financial planning and investment management needs. We offer a free, no-obligation consultation to help us get to know each other. We can meet by phone, in-person, or online.
Financial Advisor Houston, TX
4400 Post Oak Pkwy #200Houston, TX 77027
4400 Post Oak Pkwy #200
Houston, TX 77027
Financial Synergies Wealth Advisors is a fee-only, fiduciary Financial Advisor in Houston, Texas. We specialize in wealth management services, including comprehensive financial planning and investment management.
For more than thirty years we’ve been serving the financial needs of individuals, families, and businesses in Houston, Texas and around the country.
Wealth Management Services include financial planning, retirement planning, investment management, tax planning, insurance planning, estate planning, and company retirement plans.
February 16, 2018 Weekly Market Recap
The equity market bounced back this week, reclaiming about half of the losses it registered over the previous two weeks. The tech-heavy Nasdaq climbed 5.3% as technology shares outperformed, while the S&P 500 and the Dow Jones added 4.3% apiece. The S&P 500 and the Dow ended Friday on a six-session winning streak.
11 of 11 S&P 500 sectors finished the week in positive territory, with gains ranging between 1.8% and 5.8%. The top-weighted technology group (+5.8%) was the strongest sector, while the energy (+1.9%), utilities (+2.9%), telecom services (+2.4%), and real estate (+1.8%) groups were the weakest.
Within the tech group, Apple (AAPL), surged 10.2% this week, reclaiming most of the 13.5% it lost between January 18 and February 8, and Cisco Systems (CSCO) rallied 4.7% on Thursday, after reporting better-than-expected profits for the quarter ending in January and raising its earnings and revenue guidance.
Investors received a big batch of economic data this week, highlighted by a hotter-than-expected CPI reading: the Consumer Price Index increased 0.5% month over month in January and the core CPI, which excludes food and energy, rose by 0.3%. The headline month-over-month figures sparked a knee-jerk reaction from the market, which has been fighting fears of inflation – and, in turn, fears of a more hawkish Fed – in recent weeks.
However, the year-over-year figures helped restore order and keep the week’s upward trajectory intact, showing that both the CPI and the core CPI are still within a range they’ve held to for some time; the total CPI is up 2.1% year-over-year and has been between 2.0% and 2.2% for five months, while the core CPI is up 1.8% year-over-year and has been between 1.7% and 1.9% for ten months.
The yield on the benchmark 10-yr Treasury note climbed to a four-year high on Wednesday following the CPI release, closing at 2.91%, but gave up some ground on Thursday and Friday to finish the week little changed at 2.88%.
In Washington, the White House released its infrastructure plan on Monday, which is designed to stimulate $1.5 trillion in spending over a decade.
Source: Briefing Investor
Recent Posts
2nd Quarter 2025 Market and Economic Review
The Market Reaches All-Time Highs
Last Week on Wall Street: Broad-Based Market Rally [June 30-2025]
Subscribe to Our Blog
Shareholder | Chief Investment Officer