Market Commentary, 05/28/19

The major indices closed lower last week as the US-China trade uncertainty continues, with the Dow -0.7%, the S&P 500 – 1.2%, and Nasdaq -2.3%. Thursday saw a large swing in the Dow, as it dropped as many as 449 points in morning trading, but rallied into the afternoon to close just 286 po...
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Market Commentary, 05/21/19

Stocks had a rough start last Monday as the latest escalation in the US-China trade war weighed on the market, and they remained choppy throughout the week. Later in the week tensions eased, stocks bounced back, and the major indexes ended the week with modest weekly declines: Dow -0.8%, the S&P...
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Market Commentary, 05/14/19

A rally late Friday afternoon pulled the indexes back from their worst weekly declines since the end of last year as the trade tensions continued to escalate. The Dow had a rollercoaster ride, with an intraday spread of 550 points from top to bottom, to finish the day up 114 points. Even with the ra...
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Market Commentary 05/09/19

The market was flat last week following April’s 3.9% rise in the S&P 500, bringing the four month total to 17.5%. The Dow finished the month up 2.6% and the Nasdaq added 4.7%. The Fed announced that they are going to remain patient, as expected, and kept the interest rates unchanged. They dism...
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Market Commentary, 04/29/19

After staying just below record highs for the last two weeks, the S&P 500 and the NASDAQ finally broke through on Tuesday to eclipse records set seven months earlier, finishing the week +1.2% and +1.8%, respectively. The Dow, however, fell 16 points (0.06%) for the week and remained around 1% be...
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