Mid-Week Market Minute – May 08, 2024 Mid-Week Market Minute 5.08.24 May 8, 2024 Market Updates Stocks Higher This Week; CPI Report Next Week Stocks were higher this week as the S&P 500 looked to extend its four-day winning streak into Wednesday’s session. As of Wednesday’s open, the S&P 500 was higher by about 1% on…
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…
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%…
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…
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…
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…
Mid-Week Market Minute – March 6, 2024 Mid-Week Market Minute 3.6.24 March 6, 2024 Market Updates Fed Chair’s Prepared Remarks; Jobs Report Coming Friday Stocks were marginally lower this week as investors digested a plethora of incoming economic data alongside prepared remarks from Fed Chair Jerome Powell. As of Wednesday morning, the S&P 500 was lower…
Mid-Week Market Minute – February 28, 2024 Mid-Week Market Minute 2.28.24 February 28, 2024 Market Updates Stocks Mixed This Week; Key PCE Report Coming Thursday Global stocks were mixed this week as markets searched for direction ahead of Thursday’s highly anticipated Personal Consumption Expenditure (PCE) inflation report. As of Wednesday’s open, the S&P 500 was lower…