Key Dates/Data Releases7/11: Consumer Price Index, Treasury budget statement7/12: Producer Price Index Market Week: July 8, 2024The Markets (as of market close July 5, 2024)The stock market fared quite nicely during the Fourth of July week. Each of the benchmark indexes listed here posted gains, with the Nasdaq and the S&P 500 reaching record highs a…
Key Dates/Data Releases5/14: Produce Price Index5/15: Consumer Price Index, retail sales5/16: Housing starts, import and export prices, industrial production Market Week: May 13, 2024The Markets (as of market close May 10, 2024)The market closed last week higher. Investor sentiment was bolstered by good corporate earnings results from key megacaps. Of the 459 companies of the S&P…
Key Dates/Data Releases5/10: Monthly Treasury budget statement Market Week: May 6, 2024The Markets (as of market close May 3, 2024)The markets enjoyed a solid week of gains on the heels of favorable corporate earnings data and a softer-than-expected employment report (see below). Investors could be viewing the dip in job hires and wage growth as the…
Key Dates/Data Releases5/1: FOMC meeting statement, S&P Global Manufacturing PMI, JOLTS5/2: International trade in goods and services5/3: Employment situation, S&P Global Services PMI Market Week: April 29, 2024The Markets (as of market close April 26, 2024)Stocks closed last week higher, driven up by tech and communication shares. Each of the benchmark indexes listed here climbed higher,…
Key Dates/Data Releases4/23: New home sales4/24: Durable goods orders4/25: GDP, International trade in goods4?26: Personal income and outlays Market Week: April 22, 2024The Markets (as of market close April 19, 2024)Wall Street endured another down week as tech shares, which had been the bellwether of the bull market, were hit hard by major selloffs as investors…
Key Dates/Data Releases4/15: Retail sales4/16: Industrial production, housing starts Market Week: April 15, 2024The Markets (as of market close April 12, 2024)Stocks faltered for the second straight week as investors dealt with market-moving inflation data and a less-than-impressive start to first-quarter corporate earnings season. Both the Consumer Price Index and the Producer Price Index rose higher…
Key Dates/Data Releases4/10: Consumer Price Index, Treasury statement4/11: Producer Price Index4/12: Import and export prices Market Week: April 8, 2024The Markets (as of market close April 5, 2024)Despite a late-week surge, stocks closed lower last week. Investors saw the continued strength of the labor market (see below) as increasing the chances of a soft landing for…
Key Dates/Data Releases4/1: S&P Global Manufacturing PMI4/2: JOLTS4/3: S&P Global Services PMI4/4: International trade in goods and services4/5: Employment situation Market Week: April 1, 2024The Markets (as of market close March 29, 2024)Stocks finished the month of March in solid fashion. Each of the benchmark indexes listed here posted gains, with the exception of the Nasdaq….
Key Dates/Data Releases3/25: New home sales3/26: Durable goods orders3/28: GDP3/29: International trade in goods, personal income and outlays Market Week: March 25, 2024The Markets (as of market close March 22, 2024)Despite a dip last Friday, stocks closed out last week higher. The S&P 500 recorded its biggest weekly percentage gain of the year, while the Dow…
Key Dates/Data Releases3/19: Housing starts3/20: FOMC meeting statement3/21: Existing home sales Market Week: March 18, 2024The Markets (as of market close March 15, 2024)Equities closed lower for the second straight week, with the Russell 2000 losing nearly 2.0%. A sell-off in tech shares pulled the Nasdaq down 0.7%, marking the first back-to-back weekly losses since last…
