WEEKLY ECONOMIC UPDATE Market Recap – Week Ending Sept. 27 September 30, 2024 Market Updates Stocks Higher; PCE Price Index Fell to 2.2% in August Overview: Global stocks rose last week led by emerging market stocks (MSCI EM), up 6.2% on the week. In China, the central bank enacted several monetary and fiscal easing measures aimed at…
WEEKLY ECONOMIC UPDATE Market Recap – Week Ending Aug. 23 August 26, 2024 Market Updates Stocks Climb; Fed Comments Signal Interest-Rate Cuts Overview: Stocks rose across the globe last week with international developed markets (MSCI EAFE) leading the way, up 2.8% on the week. Here in the U.S., the S&P 500 index closed the week 1.5% higher,…
Mid-Week Market Minute – September 4, 2024 Mid-Week Market Minute 9.4.24 September 4, 2024 Market Updates Stocks Lower; Key Jobs Report on Friday Coming off the long holiday weekend, stocks around the globe finished sharply lower on Tuesday. The S&P 500 fell more than 2% on Tuesday, while the tech-heavy Nasdaq declined by more 3%. Shares…
MONTHLY ECONOMIC UPDATE – August, 2024 Avantax Market Update – August 2024 In an effort to consistently provide you with timely market updates, we thought you might enjoy the most recently published market commentary by our partners at Avantax. In this month’s market update video, Ivan Gruhl, CFA®, Co-Chief Investment Officer at Avantax recaps returns…
WEEKLY ECONOMIC UPDATE Market Recap – Week Ending Aug. 16 August 19, 2024 Market Updates Stocks Rally After Stronger-Than-Expected Economic Data Overview: Global stacks rallied significantly in last week’s trade, benefitting from stronger-than-expected economic data as well as waning volatility. The S&P 500 index finished the week higher by 4%, while the MSCI EAFE (international developed index)…
Mid-Week Market Minute – August 14, 2024 Mid-Week Market Minute 8.14.24 August 14, 2024 Market Updates Stocks Rebounding; No Surprises in CPI Report Global stocks were on the move higher this week, led by the mega-cap growth names in the U.S. As of mid-week, the S&P 500 was higher by more than 2%, while international and…
Mid-Week Market Minute – July 17, 2024 Mid-Week Market Minute 7.17.24 July 17, 2024 Market Updates Stocks Continue Climb; Retail Sales Beat Expectations Stocks continued to march higher this week as market breadth expanded, led by the resurgence in small cap stocks which have rallied more than 10% over the past week. As of Tuesday’s close,…
WEEKLY ECONOMIC UPDATE Market Recap – Week Ending July 12 July 15, 2024 Market Updates Stocks Continue Rally; CPI Report Below Expectations Overview: Stocks around the world continued their rally last week, led by international developed (MSCI EAFE) and emerging market stocks (MSCI EM), higher by 2.3% and 1.8%, respectively, on the week. In the U.S., the…
WEEKLY ECONOMIC UPDATE Market Recap – Week Ending July 5 July 8, 2024 Market Updates Stocks Move Higher; Investors Encouraged by FOMC Minutes Overview: Stocks across the globe were higher last week, led by international developed (MSCI EAFE) and emerging markets (MCSI EM), which were up 2.2% and 2.0%, respectively, on the week. In the U.S., the S&P…
Mid-Week Market Minute – July 10, 2024 Mid-Week Market Minute 7.10.24 July 10, 2024 Market Updates Stocks Continue Climb; CPI Report on Thursday Stocks continued to march higher this week as the S&P 500 headed toward its seventh consecutive day of gains on Wednesday. The Financials sector will be in focus over the coming weeks with…