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…
Mid-Week Market Minute – February 21, 2024 Mid-Week Market Minute 2.21.24 February 21, 2024 Market Updates Walmart, Home Depot Earnings Beat Expectations; Mortgage Applications Fall Stocks moved lower in the early stages of this holiday-shortened trading week. On Tuesday, investor’s saw earnings results from both Walmart (WMT) and Home Depot (HD). Shares of Walmart moved higher…
Mid-Week Market Minute – February 7, 2024 Mid-Week Market Minute 2.7.24 February 7, 2024 Market Updates Stocks Mixed, Bonds Drift Higher; Rate Cut Probability Falls Stocks around the globe were mixed this week as investors digest further commentary from Fed officials alongside ongoing corporate earnings results. After market breadth improved in the final months of 2023,…
Mid-Week Market Minute – January 31, 2024 Mid-Week Market Minute 1.31.24 January 31, 2024 Market Updates Busy Earnings Week; Federal Reserve Meeting Ends Today Global stocks were mostly higher in the early stages of this busy week of earnings. As of Wednesday morning, the S&P 500 was on pace to notch its third consecutive month of…
Mid-Week Market Minute – January 17, 2024 Mid-Week Market Minute 1.17.24 January 17, 2024 Market Updates Retail Sales Data Beats Expectations; Rates Cuts Outlook Global stocks declined in the holiday-shortened trading week as investors digested a fresh slate of economic data alongside corporate earnings results. Interest rates, a significant factor, remained at the forefront and acted…
Mid-Week Market Minute – January 3, 2024 Mid-Week Market Minute 1.3.24 January 3, 2024 Market Updates Stocks Lower to Start Year; Key Economic Data This Week Global stocks were marginally lower to start the New Year in this holiday-shortened week of trading. The technology heavy Nasdaq index fell more than 1.5% on Tuesday as Apple (AAPL)…
Mid-Week Market Minute – December 13, 2023 Mid-Week Market Minute 12.13.23 December 13, 2023 Market Updates Stocks Climb; CPI Report for November Stocks continued their upward trajectory this week amid key inflation data and the looming FOMC decision on Wednesday afternoon. Both domestic and international stocks have staged an impressive rally over the past several…
Mid-Week Market Minute – August 6, 2023 Mid-Week Market Minute Presented by Moorman, Harting Financial Services, Ltd Mid-Week Market Minute 10.25.23 October 25, 2023 Market Updates Mixed Earnings Reports; Key Economic Data This Week Stocks were mostly unchanged in early trading this week as investors await key economic data amid a plethora of corporate earnings reports.…