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…
Mid-Week Market Minute – March 27, 2024 Mid-Week Market Minute 3.27.24 March 27, 2024 Market Updates Positive Pace for Indices; GDP, PCE Price Index Data This Week Stocks were largely unchanged midway through this holiday-shortened trading week. With Good Friday later this week, Thursday will represent the final day of trading for both stocks and bonds…
Mid-Week Market Minute – March 20, 2024 Mid-Week Market Minute 3.20.24 March 20, 2024 Market Updates Stocks Higher This Week; FOMC Meeting Ends Wednesday U.S. stocks were higher in early trading this week ahead of the highly anticipated FOMC meeting and announcement on Wednesday afternoon. On the heels of a few hotter-than-expected inflation reports over the…
WEEKLY ECONOMIC UPDATE Market Recap – Week Ending March 22 March 25, 2024 Market Updates Stocks Climb Higher; PCE Price Index on Friday Overview: Stocks rose across the world last week as the Federal Reserve kept interest rates unchanged for the fifth consecutive meeting, and investor sentiment remained positive toward the ongoing technology rally in the markets.…
Mid-Week Market Minute – March 13, 2024 Mid-Week Market Minute 3.13.24 March 13, 2024 Market Updates Markets Encouraged by Stronger-Than-Expected Economic Growth Stocks were trading higher mid-week with the S&P 500 index up about 1% in early trading. This week, investors digested a strong jobs report and Consumer Price Index (CPI) data that, although hotter than…