Investors were somewhat skittish during the early part of last week as tensions in the Middle East intensified. However, stocks closed the week on an uptick following solid sessions last Thursday and Friday. After a brief retreat, tech shares led the market surge, supported by the New York market debut of a major South Korean […]
Read MoreCategory: Weekly Investment Update
Blue-Chip Stocks Lead as Markets Shift Beyond AI
Last week’s trading session was shortened as the markets were closed on Friday, July 3, in honor of Independence Day. Wall Street saw a shift from AI and semiconductor stocks to more traditional blue-chip stocks. The major market mover was the labor report for June, which saw employment accelerate but at a slower pace than […]
Read MoreMarkets Shift as AI Stocks Pull Back and Value Sectors Gain
For just the second time in the last 13 weeks, both the S&P 500 and the NASDAQ recorded weekly losses. AI stocks, which had driven the market for much of the year, experienced a notable drop, despite favorable earnings reports from some major microchip companies. Investors moved away from tech to more value-driven sectors, such […]
Read MoreFed Holds Rates Steady as Markets Rally on Middle East Deal
Most markets were closed last Friday in observance of Juneteenth National Independence Day. Wall Street rallied last week as investors displayed optimism over the signing of an initial agreement ending hostilities in the Middle East. Market gains were realized despite the Federal Reserve holding interest rates steady at 3.50%-3.75% following the first meeting under new […]
Read MoreStocks Rebound as Inflation Rises and Fed Decision Looms
Wall Street began last week with a heavy sell-off as investors appeared anxious about the U.S.-Iran war, elevated inflation, and fears of a potential tech correction. However, stocks staged a massive turnaround midweek, driven by easing tensions in the Middle East and the largest initial public offering in U.S. financial history. Consumer staples and real […]
Read MoreStrong Jobs Report Ends Stock Rally as Rate Cut Hopes Fade
For much of last week, stocks continued a rally that appeared headed for another week of gains. However, investors, who had been clinging to the prospect of monetary easing, had those hopes all but dashed after a better-than-expected jobs report (see below) doused any hopes of an interest rate reduction in the immediate future. Heading […]
Read MoreBroad Market Rally Continues as Investor Confidence Expands Beyond Tech
Wall Street ended the week with broad gains, record-setting index performances, and a notable shift toward broader market participation beyond tech and AI shares. The Dow, the S&P 500, the NASDAQ, and the Global Dow each finished the week higher. The S&P 500 extended an eight-week winning streak, while the Dow recorded new highs. Markets […]
Read MoreInflation and Oil Drive Market Volatility in May 2026
Two hotter-than-expected inflation reports and a lack of progress in negotiations to end the war in Iran created havoc in some corners of the financial markets last week. Oil prices surged again while the Strait of Hormuz remained effectively closed, disrupting the world’s supply of essential crude. The S&P 500 reached record highs on Thursday […]
Read MoreStock Market Gains Push S&P 500 to Record Highs
The U.S. stock market ended last week with strong gains, which led to record highs for the S&P 500 and the NASDAQ. The surge in stock values was largely driven by a better-than-expected jobs report (see below), falling crude oil prices, and robust tech company earnings. Investors continued to favor risk, despite the ongoing tensions […]
Read MoreMarket Rally 2026: Stocks Hit Record Highs
Wall Street continued to rally with equities ending last week on a strong note. The S&P 500 and the NASDAQ closed at record highs, driven by robust corporate earnings, a potential end to the U.S. military involvement in Iran, and easing crude oil prices. Each of the benchmark indexes listed here posted notable gains as […]
Read More