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Category Archive: Uncategorized

Aug 30 2018

8/30/19 Market Notes

Stocks set another record high on Wednesday as technology shares and the NSDAQ gained nearly 1% as 8 of the 11 sectors of the S&P ended up. Investors were encouraged by the second reading of Q2 GDP, which showed the U.S. economy had grown by 4.2%, its strongest pace in 4 years. Gains were suppressed …

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Aug 29 2018

8/29/18 Market Notes

Easing trade tension and an 18 year high August consumer confidence figure helped push stocks higher for most of the day, with the S&P 500 crossing the 2,900 line for the first time before retreating and closing near the flat line. Walmart (WMT) rose 1.62% helping to lift the Dow Jones Industrial Average higher as …

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Aug 28 2018

8/28/18 Market Notes

Word of a trade deal between the United States and Mexico propelled stocks higher, as the NASDAQ crossed the 8,000 level for the first time in history, the Dow Jones Industrial Average gained 1% and the S&P 500 closed at a record high. The Utilities and Real Estate sectors failed to participate in the rally, …

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Aug 27 2018

8/27/18 Market Notes

Stocks appear set to continue were they left off on Friday, as major international bourses are all rallying and premarket U.S. equity futures are pointing to a higher open. Mexican and U.S. trade officials both cited meaningful progress in trade negotiations over the weekend, going as far as indicating that a ‘major trade deal’ could …

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Aug 24 2018

8/24/18 Market Notes

Markets were mostly lower, albeit only slightly, as investors grew increasingly nervous about the effects of a trade war with China. The renewed concerns came after the latest Fed minutes showed that members of the Federal Open Market Committee (FOMC) are concerned about the impact of tariffs and the Fed’s readiness and ability to act …

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