The week ended 5/31/19 was another difficult week for the major indexes. The indexes averaged a decline for the week of 2.67% with the Dow Jones Industrial Average declining 3.01%, the S&P 500 Index declined 2.62% and the Nasdaq declined 2.37% for the week. Many ‘experts’ are crediting the potential escalation of the trade dispute […]
The week ended 5/19/19 was a tough week for all of the US stock market indexes. The 3 major indexes declined an average of 2.54% on fears of an escalation in the trade battle with China and the expansion of the tariffs on Chinese goods entering the US. The week ended with the Dow Industrials […]
The week was highlighted with Wednesday’s employment report from ADP and the BLS labor report on Friday. Both reports were good enough to push the unemployment rate down to the lowest level its been since the late 60s. The current unemployment rate is 3.6% after adding 263,000 jobs for the week. The employment reports pushed […]
Weekly market overview for the week ended 3/29/19. This week not only closes out the week but also the month and the quarter. All three major US indexes ended the week up with the Dow rising 1.67%, Nasdaq was up 0.72% and the S&P 500 rose 1.2%.
After the 2.1% decline in the major US market indexes last week, the week ended March 15th reversed last weeks’ decline and added some value. Last week the major indexes increased 2.41% with the Dow Industrials average increasing 1.1%, the S&P 500 increasing 2.5% and the tech heavy hasdaq increased by 3.7%. The global markets […]