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…
Key Dates/Data Releases3/12: Consumer Price Index, Treasury statement3/14: Producer Price Index, retail sales3/15: Import and export prices, industrial production Market Week: March 11, 2024The Markets (as of market close March 8, 2024)Wall Street fell from record highs to close generally lower last week. A better-than-expected jobs report (see below) helped support the notion that the economy…
Key Dates/Data Releases3/5: S&P Services PMI3/6: JOLTS3/7: International trade in goods and services3/8: Employment situation Market Week: March 4, 2024The Markets (as of market close March 1, 2024)Wall Street continued its February rally into March as stocks closed last week notably higher with the exception of the Dow, which ticked lower. Investor enthusiasm about tech shares,…
Key Dates/Data Releases2/26: New home sales2/27: Durable goods orders2/28: GDP, international trade in goods2/29: Personal income and outlays3/1: S&P Manufacturing Market Week: February 26, 2024The Markets (as of market close February 23, 2024)Stocks advanced last week, driven higher by tech shares that were bolstered by favorable corporate earnings reports. The Dow, the Nasdaq, and the S&P…
Key Dates/Data Releases2/22: Existing home sales Market Week: February 19, 2024The Markets (as of market close February 16, 2024)Rising inflation heightened investor concerns that the Federal Reserve may not consider lowering interest rates during the first half of the year. Among the benchmark indexes listed here, only the small caps of the Russell 2000 and the…
Key Dates/Data Releases2/13: Consumer Price Index2/15: Retail sales, import and export prices, industrial production2/16: Housing starts, Producer Price Index Market Week: February 12, 2024The Markets (as of market close February 9, 2024)Stocks closed higher last week, with the S&P 500 and the Nasdaq reaching record highs. Investors were encouraged by generally favorable fourth-quarter corporate earnings data…
