MONTHLY ECONOMIC UPDATE – May, 2024 Avantax Market Update – May 2024 Hi {Firstname}, 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…
Mid-Week Market Minute – May 01, 2024 Mid-Week Market Minute 5.01.24 May 1, 2024 Market Updates Stocks Slip to Close Tough April; Labor Data on Friday Stocks slipped in early trading this week, closing the door on a tough month of April for both stocks and bonds. For the month, the S&P 500 was lower by…
WEEKLY ECONOMIC UPDATE Market Recap – Week Ending May 3 May 6, 2024 Market Updates Stocks Move Higher; Positive First-Quarter Earnings Reports Overview: Stocks were higher around the world last week, led by emerging markets (MSCI EM) up 2.0%, and international developed (MSCI EAFE) higher by 1.7%. In the U.S., the S&P 500 index closed out April…
Mid-Week Market Minute – April 24, 2024 Mid-Week Market Minute 4.24.24 April 24, 2024 Market Updates Stocks Rally as First-Quarter Earnings Reports Beat Estimates Stocks rallied this week as stocks in the U.S. looked to rebound from this April’s sell-off. Stronger than expected earnings helped lift stocks higher, as the S&P 500 added more than 2%…
WEEKLY ECONOMIC UPDATE Market Recap – Week Ending April 26 April 29, 2024 Market Updates Strong Earnings Push Stocks Higher; Fed Meeting This Week Overview: Stocks rose across the globe last week as strong earnings in the U.S. overcame a slowdown in economic growth in the first quarter. For the week, the S&P 500 index was higher…
MONTHLY ECONOMIC UPDATE – April, 2024 Avantax Market Update – April 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 for…
WEEKLY ECONOMIC UPDATE Market Recap – Week Ending April 19 April 22, 2024 Market Updates Stocks Lower Last Week; Key Earnings, Data This Week Overview: Stock across the globe were lower last week as interest rates increased with Federal Reserve Chair Jerome Powell saying rate cuts may come later than markets had been anticipating. In the U.S.,…
Mid-Week Market Minute – April 17, 2024 Mid-Week Market Minute 4.17.24 April 17, 2024 Market Updates Stocks Trend Lower; Focus Turns to Earnings Reports Stocks trended lower in early trading this week as inflation worries overshadowed a relatively upbeat start to earnings season. Strong earnings results from UnitedHealth (UNH) helped lift the Dow on Tuesday, as…
Mid-Week Market Minute – April 10, 2024 Mid-Week Market Minute 4.10.24 April 10, 2024 Market Updates Markets React to Hotter-Than-Expected CPI Report Stocks were mostly lower this week as markets digested another hotter-than-expected Consumer Price Index (CPI) inflation report on Wednesday. As of Wednesday morning, the S&P 500 was lower by about 1% on the week…
WEEKLY ECONOMIC UPDATE Market Recap – Week Ending April 12 April 15, 2024 Market Updates Stocks Falter After CPI Report; First-Quarter Earnings Reports Underway Overview: U.S. stocks were in negative territory for the second consecutive week as the S&P 500 fell 1.5%, its worst week since October. International stocks outpaced domestic stocks with the MSCI EAFE falling…