Summing Up The Week It was a wild week for the markets when the Labor Department came out with shocking revisions to the job market numbers showing a surprise decrease of 911,000 jobs which sent stocks lower… at least initially. Investors continue to hold to the...
Summing Up The Week The market shrugged off bad news for much of the week with stocks heading higher and both the S&P 500 and Nasdaq making new all-time highs. However, that all changed on Friday when a much weaker than expected payroll report sent a shock through...
Summing Up The Week It wasn’t a great week for stocks with the S&P 500 and Nasdaq both pulling back every single day going into Friday’s Federal Reserve Jackson Hole event with Fed Chair Jerome Powell speaking from the annual conference of central...
Summing Up The Week The name of the game this week was mixed inflation reports. Initially, the markets roared higher on the back of consumer prices rising less than expected in July only to get jolted when wholesale prices came in hot on Thursday. While businesses...
Summing Up The Week Did Apple (AAPL) just save the stock market? After a week that saw a weakening consumer resulting in inflation and a flat services PMI number followed by President Donald Trump announcing exorbitant 50% tariffs on India, stocks finished the week...