Weekly Commentary – March 11, 2024

THE WEEK ON WALL STREET Stocks were down for the week as investors appeared to take some profits and traders parsed Fed Chair Jerome Powell’s Congressional testimony. MARKETS WOBBLE Stocks had a rough start to the week, with the Dow, S&P 500, and Nasdaq each off...

Weekly Commentary – February 26, 2024

THE WEEK ON WALL STREET Stocks vaulted to new heights last week on the back of an artificial intelligence (AI) semiconductor company, marking investors’ belief that AI has the potential to transform the U.S. economy. STOCKS RALLY TO RECORD HIGHS Stocks traded in a...

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...