MARKET UPDATE: MAY 28, 2019

With last week’s loss, the Dow suffered its longest weekly losing streak since 2011. Trade tensions between the United States and China seem to be taking a toll on investors’ patience. Each of the benchmark indexes listed here also posted weekly losses. Money moved to bonds, pushing prices higher and yields lower. Tech stocks were… Read more »

...Continue Reading »

MARKET UPDATE: MAY 20, 2019

The Markets (as of market close May 17, 2019) Investors were heading for the hills early last week as stocks suffered their worst day on Monday following China’s announcement that it would impose an additional $60 billion in retaliatory tariffs on U.S. imports. Stocks for several companies with direct ties to China were hit particularly… Read more »

...Continue Reading »

MARKET UPDATE: MAY 13, 2019

The Markets (as of market close May 10, 2019) Only a late rally last Friday saved the benchmark indexes from their worst week of the year. As it was, each of the indexes listed here fell at least 2.12%, with the Global Dow and the Nasdaq falling more than 3.0%. During the week, the small-cap… Read more »

...Continue Reading »

MARKET UPDATE: MAY 6, 2019

The Markets (as of market close May 3, 2019) Stocks “labored” for much of last week only to rally following a strong employment report. That report, coupled with the Fed holding interest rates steady, gave investors the confidence to stay in the “game” a little longer. Other than the Dow, each of the benchmark indexes… Read more »

...Continue Reading »