July 29, 2019

The Markets (as of market close July 26, 2019)

Strong earnings reports plus a favorable gross domestic product report were enough to boost stocks last week. The S&P 500 notched a new record high last week, as did the Nasdaq. The GDP expanded at an annualized rate of 2.1...

July 22, 2019

The Markets (as of market close July 19, 2019)

Each of the benchmark indexes listed here closed last week in the red. Energy stocks dropped as oil prices fell. Stocks in communication services and transportation also declined, impacting the large-cap indexes. Comments f...

July 15, 2019

The Markets (as of market close July 12, 2019)

Both the Dow and the S&P 500 reached new record highs last week. The Dow surged past 27000 for the first time, while the S&P 500 surpassed the 3000 threshold. Anticipated testimony from Fed Chairman Jerome Powell lent crede...

July 8, 2019

The Markets (as of market close July 5, 2019)

Last week, June's labor report was strong enough to likely prompt the Fed to hold interest rates at their current level (and forestall a rate cut). Feeding off the latest labor figures, stocks pushed ahead during the holiday...

July 3, 2019

Happy Independence Day! Hard to believe our republic, this grand experiment in democracy, turns a healthy 243 years old this July 4. That’s a long time removed from July 1776, when the first Independence Day celebration took place in Philadelphia. Back then, our newly...

July 2, 2019

The Markets (as of market close June 28, 2019)

With a strong close last Friday, stocks recovered most of the losses endured earlier last week. Only the Russell 2000 posted a weekly gain, and has climbed over 16% year-to-date. The other benchmark indexes listed here lost...

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