Summing Up The Week While earnings and inflation reports came in positive this week, stocks were thrown a curve ball when the Fitch Ratings Agency lowered its rating on the United States’ debt, causing market turmoil. Let’s take a look at what news events...
Summing Up The Week Even though there were only 3-1/2 trading days this week thanks to the Independence Day holiday, significant news releases really moved the markets, particularly later in the week. A hotter-than-expected jobs report indicates that the economy is...
Summing Up The Week Until the debt ceiling agreement is passed, the stock market continues to hang on the every word of Congress. With progress being made and the deadline of June 5, however, this could be the last week the debt ceiling holds so much sway on the stock...
Summing Up The Week A deluge of market-moving news both on the bullish and bearish side really made this week volatile. The week kicked off with a bank failure and a warning the debt ceiling is closer than previously thought. Then, the Fed raised rates and came out...
Summing Up The Week The markets recovered this week on the back of reports showing that inflation is weakening across the board from wholesale to consumer prices. Combine these reports with last Friday’s nonfarm payrolls report which showed the economy is...
