Market Commentary, 11/12/18

Last week the Dow was up 718 points for a 2.8% gain, the S&P 500 closed up 2.1% and the Nasdaq was + 0.7%. The Dow and S&P 500 exceeded 2% gains for the second week in a row and recovered much of the October decline. As has often been the case with midterm elections, […]...
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Market Commentary, 10/29/18

Despite a strong rebound on Thursday, Friday’s drop left the Dow down 3%, the S&P 500 down 3.9%, and the Nasdaq down 3.8% for the week. It was a bumpy ride for stocks throughout the week, with declines on Monday, Tuesday, and a steep decline on Wednesday. Stocks partially recovered on Thursday...
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Market Commentary, 10/22/18

Last week: Market volatility remained elevated, with the Dow gaining nearly 548 points on Tuesday and losing 327 points on Thursday. The Dow had intraday moves of at least 230 points every day, with a swing of over 450 points on Tuesday and Thursday. The final weekly result was a gain of 0.4% for th...
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Market Commentary, 10/15/18

Last week the major indexes registered their worst weekly loses since March as interest rates jumped to multiyear highs. The Dow closed the week down 4.2%, the S&P 500 was off 4.1%, and the Nasdaq was down 3.7%. This marks the third consecutive weekly loss for the S&P 500, its longest streak...
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Market Commentary, 10/08/18

Last week the U.S. stock market started strong but dropped Thursday and Friday to close slightly down (the Dow was –0.04%, the S&P 500 was –1.0%, and the Nasdaq was –3.2%). The labor market was filled with positive news. Initial claims for unemployment benefits were down 8,000 to 207,000, ...
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