Gail Murdoch, CFP, President of Cardinal Investment Group, welcomes David DeRosa to the firm where he will serve as a financial advisor. David DeRosa joins Cardinal Investment Group in Conway Cardinal Investment Group has announced...
Read MoreThe Markets (as of market close April 12, 2019) Trading was fairly light last week as investors await the start of quarterly corporate earnings reports. With several large corporations reporting lower-than-expected profits, investors...
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The Markets (as of market close April 5, 2019) Stocks marked a second consecutive week of solid gains, led by the small caps of the Russell 2000 and the tech-heavy Nasdaq. The S&P 500 recorded seven consecutive days of gains through...
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The Markets (as of market close March 29, 2019) Stocks rebounded last week to close the final week of March and the first quarter of 2019 in the black. Each of the benchmark indexes listed here gained over 1.0% for the week, except...
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The Markets (as of market close March 22, 2019) Last week started well for investors as stock indexes continued to climb on the heels of the prior week's robust performance. However, reports of a weakening global economy prompted a...
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The Markets (as of market close Mar. 15, 2019) Tech shares were bullish last week, leading the way for what turned out to be a very strong performance in the market. The tech-heavy Nasdaq outperformed each of the other benchmark...
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The Markets (as of market close March 8, 2019) The benchmark indexes listed here suffered their worst showing last week since December. Hardest hit was the Russell 2000, which fell over 4.0%. Unsettling global economic news had...
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The Markets (as of market close March 1, 2019) The momentum stocks have enjoyed since the beginning of the year waned some last week as investors took time to consider economic and trade developments. The tech-heavy Nasdaq gained the...
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The Markets (as of market close Feb. 22, 2019) The benchmark indexes listed here posted modest gains last week, led by the small caps of the Russell 2000. With another weekly gain, the Dow has enjoyed its longest streak in almost 25...
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The Markets (as of market close February 15, 2019) Stocks extended their streak last week, as each of the benchmark indexes listed here posted gains of atleast 2.0%. Positive developments in the trade talks between the United States...
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The Markets (as of market close February 8, 2019) Most of the benchmark indexes listed here posted gains for the seventh consecutive week. Only the Global Dow lagged behind. Utilities and information technology shares performed well...
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The Markets (as of market close Feb. 1, 2019) The benchmark indexes listed here rose for the week, particularly last Wednesday and Thursday. Strong corporate earnings reports, especially in the communication services sector, helped...
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The Markets (as of market close Jan. 25, 2019) Last week did not start off well in the market. However, stocks rebounded on Friday, recouping much of the value lost earlier in the week. Nevertheless, stocks ended last week relatively...
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The Markets (as of market close Jan. 18, 2019) Rhetoric that trade tensions between the United States and China may be easing helped quell investors’ concerns, prompting a stock market rally last week. The large caps of the S&P...
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The Markets (as of market close Jan. 11, 2019) For the third straight week, stocks posted positive returns by the close of last week. Each of the indexes listed here gained at least 2.40%, with the small caps of the Russell 2000...
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The Markets (as of market close Jan. 4, 2019) Stocks posted solid gains by the close of the first week of the new year. A favorable jobs report helped push the benchmark indexes listed here higher last Friday, as stocks recovered from...
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The Markets (as of market close Dec. 28, 2018) A crazy week of market swings finally closed with each of the benchmark indexes listed here posting gains for the first time in three weeks. Christmas Eve (Monday) saw stocks drop...
Read MoreThe Markets (as of market close Dec. 21, 2018) The tech-heavy Nasdaq had been the only benchmark index to have exceeded its 2017 closing value. That is no longer the case, as an 8.36% drop last week put the Nasdaq more than 8.0% below...
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The Markets (as of market close Dec. 14, 2018) A market correction refers to a decline in a stock or index of at least 10% following a temporary high price. After last week’s losses, the Dow, S&P 500, and Nasdaq are entering...
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The Markets (as of market close Dec. 7, 2018) Losses in technology and health-care stocks accounted for much of last week’s market drop. The tech-heavy Nasdaq and the small caps of the Russell 2000 suffered the largest declines,...
Read MoreThe Markets (as of market close Nov. 23, 2018) Trading volume may have been slower than usual during the Thanksgiving holiday week, but that didn’t stop the downward spiral for stocks. Tumbling oil prices, which fell to their...
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The Markets (as of market close Nov. 23, 2018) Trading volume may have been slower than usual during the Thanksgiving holiday week, but that didn’t stop the downward spiral for stocks. Tumbling oil prices, which fell to their...
Read MoreThe Markets (as of market close Nov. 16, 2018) Volatility best describes last week in the market, as each of the benchmark indexes listed here lost value. Apparently, investors may be having trepidations about ongoing business growth...
Read MoreThe Markets (as of market close Nov. 2, 2018) Stocks posted a solid week of returns for the first time in several weeks, pulling all but one of the major benchmark indexes listed here into positive territory for the year to date. A...
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The Markets (as of market close Oct. 26, 2018) The benchmark indexes suffered another sharp decline last week. Each of the indexes listed here lost value, led by the Global Dow. The S&P 500 and the Nasdaq could be nearing a correction...
Read MoreThe Markets (as of market close October 19, 2018) After a sweat-inducing ride on Wall Street last week, several earnings reports helped ease some of the pain in domestic large caps by Friday’s close. The Dow managed to see a 0...
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The Markets (as of market close October 12, 2018) Despite a surge at the end of the week, stocks plummeted last week. Each of the benchmark indexes listed here lost value, led by the small caps of the Russell 2000, which fell over 5...
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The Markets (as of market close Oct. 5, 2018) Another tough week on Wall Street as stocks and long-term bond prices fell, pushing yields higher. While each of the benchmark indexes listed here lost value last week, the large caps of...
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The Markets (as of market close Sept. 28, 2018) Rising interest rates and ramped-up trade wars put a damper on stocks last week. While not unanticipated, the Fed raised the federal funds target rate 25 basis points and intimated that...
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The Markets (as of market close Sept. 21, 2018) Performance of the benchmark indexes listed here was a mixed bag last week. Large caps of the Dow and S&P 500 outperformed the tech stocks of the Nasdaq and the small caps of the Russell...
Read MoreThe Markets (as of market close Sept. 14, 2018) Tech and foreign stocks led the way as the market rebounded from the prior week’s decline. The prospect of renewed trade talks between China and the United States eased investor...
Read MoreThe Markets (as of market close September 7, 2018) Apparently a strong labor report, which included increasing wages, wasn’t enough to quell investors’ fears as stocks plummeted last week. President Trump’s threat to...
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The Markets (as of market close August 24, 2018) Despite a week that included yet more tariff trepidations and negative headlines on the political front, investors celebrated last Friday as several indexes hit new highs. The S&P 500...
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The Markets (as of market close August 17, 2018) The large caps of the Dow and S&P 500 got a boost from a tentative agreement between the United States and China to settle their trade dispute by November. Strong corporate earnings...
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The Markets (as of market close August 10, 2018) Despite the continued strength shown in corporate earnings reports, investors reeled in their enthusiasm last week, sending the large caps of both the S&P 500 and the Dow plummeting....
Read MoreThe Markets (as of market close August 3, 2018) Tech and mid-cap stocks performed best last week following strong second-quarter corporate earnings reports. Led by the Nasdaq, each of the benchmark indexes listed here posted gains...
Read MoreThe Markets (as of market close July 27, 2018) Tech stocks and small caps took a hit last week as both the Nasdaq and Russell 2000 lost value. The large caps of both the S&P 500 and the Dow closed in positive territory following a...
Read MoreThe Markets (as of market close July 20, 2018) Last week stocks held their own for the most part, with the Dow and S&P 500 posting marginal gains. The tech-heavy Nasdaq fell slightly, while the small caps of the Russell 2000 gained...
Read MoreStocks posted gains for the second week in a row following some good corporate earnings reports. Each of the indexes listed here improved, except for the small caps of the Russell 2000, which dipped less than a half a point....
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The Markets (as of market close July 6, 2018) A positive labor report may have been enough to offset investor concerns about the tit-for-tat tariff war between the United States and its trade partners as stocks posted positive returns...
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