Weekly Commentary

Weekly Commentary – April 29, 2024

THE WEEK ON WALL STREET Stocks staged a choppy comeback last week as investors cheered positive earnings, led by mega-cap tech stocks. The rally came to pass despite fresh data showing a slowing economy and increasing inflationary pressures. STOCKS BOUNCE BACK. TWICE....

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Weekly Commentary – April 22, 2024

THE WEEK ON WALL STREET Stocks fell for a third straight week, as Fed Chair Jerome Powell's mixed but upbeat message could not offset the anxiety caused by the Middle East conflict. STOCKS RETREAT Markets began the week rattled by further escalation in the Middle East...

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Weekly Commentary – April 15, 2024

THE WEEK ON WALL STREET Stocks fell last week as investors sorted through conflicting inflation reports and assessed geopolitical tensions. INFLATION SPOOKS MARKETS On Wednesday, the March Consumer Price Index (CPI) report rattled markets, revealing that inflation...

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Weekly Commentary – April 8, 2024

THE WEEK ON WALL STREET Stocks dropped last week as investors focused on “what's next” for interest rates after mixed comments from multiple Fed officials. FED OFFICIALS WEIGH IN Stocks struggled out of the gate again last week, ending Monday and Tuesday in the red on...

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Weekly Commentary – April 1, 2024

THE WEEK ON WALL STREET Stocks were narrowly higher for the week as investors digested mixed economic news about consumer confidence. All three of the major averages posted gains for Q1 2024. STOCKS FINISH STRONG Markets slipped for the first half of the four-day week...

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Weekly Commentary – March 25, 2024

THE WEEK ON WALL STREET Stocks posted their best week of the year, sparked by news that the dovish Fed decided to keep rates steady and signaled three rate cuts were still possible this year. STOCKS BOUNCE BACK As widely expected, the Fed left rates unchanged at the...

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Weekly Commentary – March 18, 2024

THE WEEK ON WALL STREET Stocks fell for the second straight week on inflation concerns despite a report on consumer prices that was initially well received by investors. STOCKS SLIDE Tuesday was the only bright spot during the week as stock prices rose after the Labor...

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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...

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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...

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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...

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