Investors experienced another turbulent week for U.S. stocks last week, although a fairly mild inflation report brought the market some relief on Friday (see below). The S&P 500 had it’s worst week since November, and the Global Dow was the only major market index that didn’t end up in the red. Fears about AI disruption […]
Read MoreMonth: February 2026
Weekly Market Update: Market Volatility Drives Wild Week on Wall Steet
Last week was defined by volatility as stocks whipsawed between deep, tech-led losses and a late-week rally. Wall Street experienced a mid-week selloff as investors moved away from tech and AI shares. Investors were also concerned about a drop in job openings (see below) and a rise in jobless claims (see below). A surge last […]
Read MorePaper Tax Refund Checks Being Phased Out by the IRS
As part of a broader U.S. Department of the Treasury initiative to transition to fully electronic federal payments, the Internal Revenue Service (IRS) is phasing out paper tax refund checks for individual taxpayers for the 2026 federal tax filing season.1 Why is the IRS making this change? The move towards electronic payments is designed to […]
Read MoreWeekly Market Update: Earnings, Fed Pause, and Market Volatility
Equities ended the week mostly lower as investors parsed through a heavy slate of fourth-quarter earnings data, economic reports, high valuations, and the Federal Reserve’s decision to maintain interest rates at their current levels. Several of the benchmark indexes hit notable highs midweek, with the S&P 500 surpassing the 7,000 level. Nevertheless, stocks generally retreated […]
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