Market Recap: Tech Strength – Labor Market Weakness   U.S. equities finished mixed last week, with the S&P 500 edging slightly higher and the Nasdaq up more than 1%, while the Dow slipped a tad. Once again, smaller stocks performed better than their larger peers. The outperformance of the Nasdaq was driven by strength in technology and communication services, as … Read More

Market Recap: Markets Hit Record Highs Before Retreating   Major stock indices reached new record highs during the week, with the S&P 500, Dow, and Nasdaq all touching unprecedented levels before retreating in the final trading sessions. This surge was apparently fueled by strong earnings reports in the artificial intelligence sector following Nvidia’s quarterly results and hopes that the Federal … Read More

Market Recap: Markets Rebound on Fed Chair Powell’s Comments   Stocks had a bumpy start to the week, as investors kept a close eye on global events and some profit-taking in big tech names. Hopes for progress in peace talks between Russia and Ukraine, and cautious comments from Fed officials about keeping interest rates high, made investors uneasy. As a … Read More

Market Recap: Inflation Data Sends Mixed Signals, But Stocks Push Higher   Last week brought some conflicting inflation numbers. The Consumer Price Index (CPI), which tracks prices paid by everyday consumers, showed only a modest increase– reassuring news that inflation at the retail level remains under control. But the Producer Price Index (PPI), which measures costs for businesses and producers, … Read More

Weekly Market Recap: Resilience Amid Concern   The market’s resilience last week was nothing short of remarkable and perhaps a bit puzzling. Investors brushed aside two pieces of economic news that would normally send them running for cover: a dismal July jobs report and a gloomy ISM Services release hinting at the dreaded one-two punch of slow growth and rising … Read More