The U.S. stock market endured a significant downturn last week, largely due to unexpectedly weak hiring data (see below) and the imposition of new tariffs by President Trump. After reaching record highs for six straight sessions in the prior week, the S&P 500 ended last week in the red, with last Friday marking the worst […]
Read MoreCategory: Weekly Investment Update
The Markets (as of market close July 25, 2025)
The stock market last week had a mixed performance across major indexes, largely influenced by corporate earnings reports and ongoing discussions around trade tariffs. Both the S&P 500 and the NASDAQ reached new record highs last week, driven by strong performances from several big tech companies, which reported better-than-expected profits. In fact, last Friday’s gains […]
Read MoreThe Markets (as of market close July 18, 2025)
Stocks began last week mostly lower on mixed bank earnings and rising inflation data. While the June Consumer Price Index was in line with expectations (see below), it is worth noting that some imported goods, such as coffee, furniture, clothing, and appliances, climbed higher, which could be due to increased tariffs. However, favorable earnings data […]
Read MoreThe Markets (as of market close July 11, 2025)
Last week, the Trump administration sent letters to dozens of trading partners informing them of country-specific reciprocal tariff rates ranging from 20% to 50%. The levies were initially slated to take effect on July 9, but were pushed back until August 1, presumably to leave room for continued negotiations. The stock market seemed to shrug […]
Read MoreThe Markets (as of market close July 3, 2025)
Stocks advanced notably during the Fourth of July holiday-shortened week. Both the S&P 500 and the NASDAQ recorded record highs as investors were encouraged by a better-than-expected labor report (see below). Tech stocks and AI-driven companies moved higher following the White House’s decision to lift export restrictions on chip-design software to China. All 11 market […]
Read MoreThe Markets (as of market close June 27, 2025)
Wall Street has come a long way from an April sell-off as investor optimism over trade agreements and a cooling of tensions in the Middle East helped lift stocks to record highs last week. The S&P 500 and the NASDAQ each hit new highs. Despite inflationary data coming in slightly above expectations, price pressures remained […]
Read MoreThe Markets (as of market close June 20, 2025)
Stocks closed the week with mixed results as investors weighed the escalating tensions in the Middle East against the likelihood of the Federal Reserve cutting interest rates amidst an apparent disagreement between Federal Reserve governors. The Dow, the NASDAQ, and the Russell 2000 closed the week higher, while the S&P 500 and the Global Dow […]
Read MoreThe Markets (as of market close June 13, 2025)
Unrest in the Middle East dragged stock values lower last week, while pushing gold and crude oil prices higher. For much of the week, investors focused on trade talks between the U.S. and China, which ultimately did not result in a significant breakthrough in trade relations and left tariffs at relatively elevated levels. However, favorable […]
Read MoreThe Markets (as of market close June 6, 2025)
Wall Street ended last week on a positive note, with each of the benchmark indexes listed here closing higher. The S&P 500 rose to its highest level since February, boosted by guarded optimism around U.S.-China trade talks and a better-than-expected jobs report (see below). However, unemployment claims rose to their highest level in eight months, […]
Read MoreThe Markets (as of market close May 30, 2025)
Despite a dip at the end of the week, stocks closed last week higher as investors digested renewed trade tensions with China, while inflation showed signs of cooling. Each of the benchmark indexes ended the week higher, riding solid gains in tech shares. All of the market sectors closed the week with gains, with notable […]
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