Stuck in a Rut – The losing streak for the Dow extended to seven weeks the longest such string for that index in decades-while the S&P 500 and NASDAQ fell for the sixth week in a row. Each index dropped around 2% to 3% and the S&P 500 retreated to its...
Losing Traction – The major U.S. indexes fell for the fifth week in a row after a rapid shift in sentiment sent stocks reeling on Thursday. On Friday, an employment report showed that the economy generated 428,000 jobs in April, and the major indexes ended up...
Top News Of Last Week April Showers – There was no relief for the stock market in April on the heels of a tough first quarter. The major indexes were all down for the month, with the NASDAQ sustaining the biggest decline at more than 13%-its worst month since...
Here is the April, 25th edition of the Weekly Wealth Management Insights update from Crown Haven Wealth Advisors, Indiana’s #1 independent and fiduciary full-service firm. Q1 GDP Ahead – A report scheduled to be released on Thursday will show whether the U.S....
Earnings Time – A handful of major U.S. banks kicked off earnings season with mixed results. Overall, the biggest banks are expected to suffer from difficult year-over-year comparisons to the big profits they reported earlier in the recovery from the pandemic....