Weekly Commentary, February 20, 2024

THE WEEK ON WALL STREET Stocks fell last week as investors reacted to disappointing inflation updates and other economic reports that fell short of estimates. STOCKS SNAP WINNING STREAK Markets were quiet Monday but opened lower Tuesday in response to the January...

Weekly Commentary, February 12, 2024

THE WEEK ON WALL STREET The stock market experienced solid gains last week, concluding the trading week on a positive note, thanks to robust corporate reports and favorable inflation news; this propelled the S&P 500 Index to achieve a new record high at the end of...

Weekly Commentary – February 5, 2024

THE WEEK ON WALL STREET Stocks pushed higher last week as investors cheered mega-cap tech corporate reports and a better-than-expected employment report. STOCKS AT NEW HIGHS At the beginning of the week, stocks surged, anticipating fourth-quarter corporate updates...

Weekly Commentary – January 29, 2024

THE WEEK ON WALL STREET Stocks continued their upward climb last week as excitement around big tech continued; positive economic reports stoked investors’ belief that the Federal Reserve has pulled off a soft landing. STOCKS POWER AHEAD Big tech was back last week,...

Weekly Commentary – January 22, 2024

THE WEEK ON WALL STREET Stocks finished higher last week, with big tech again leading amid lingering uncertainty over how continued economic strength would influence the Fed’s rate decision. STOCKS DIP,THEN RALLY Stock prices dropped early in the week before rising to...