The Markets (as of market close August 16, 2019) Volatility is the best term to describe stocks last week. Despite a Friday surge, each of the benchmark indexes listed here fell for the third consecutive week. Wednesday proved to be...
Read More
The Markets (as of market close August 9, 2019) Fearful that the ongoing trade war between the United States and China could slow economic growth at home and abroad, investors have pulled money from stocks and adopted a "wait-and-see"...
Read More
The Markets (as of market close August 2, 2019) Not even a strong labor report could save stocks from tumbling last week, likely in response to President Trump's tweet that he intended to raise tariffs on an additional $300 billion...
Read More
The Markets (as of market close July 26, 2019) Strong earnings reports plus a favorable gross domestic product report were enough to boost stocks last week. The S&P 500 notched a new record high last week, as did the Nasdaq. The GDP...
Read More
The Markets (as of market close July 19, 2019) Each of the benchmark indexes listed here closed last week in the red. Energy stocks dropped as oil prices fell. Stocks in communication services and transportation also declined,...
Read More
The Markets (as of market close July 12, 2019) Both the Dow and the S&P 500 reached new record highs last week. The Dow surged past 27000 for the first time, while the S&P 500 surpassed the 3000 threshold. Anticipated testimony from...
Read More
The Markets (as of market close July 5, 2019) Last week, June's labor report was strong enough to likely prompt the Fed to hold interest rates at their current level (and forestall a rate cut). Feeding off the latest labor figures,...
Read More
The Markets (as of market close June 28, 2019) With a strong close last Friday, stocks recovered most of the losses endured earlier last week. Only the Russell 2000 posted a weekly gain, and has climbed over 16% year-to-date. The...
Read More
The Markets (as of market close June 21, 2019) Stocks enjoyed another week of strong growth as investors were encouraged by the Fed's decision to keep interest rates unchanged and hope for a resolution to the ongoing trade war between...
Read More
The Markets (as of market close June 14, 2019) While not as robust as the prior week, stocks still managed to post gains for the second week in a row. Last week started off with a bang for the benchmark indexes listed here, only to...
Read More
The Markets (as of market close June 7, 2019) Markets rebounded nicely last week on hopes that the Federal Reserve Board will cut interest rates in the near future. Early in the week, chairman Jerome Powell said the Fed was closely...
Read More
Treasury yields fell to their lowest level in 2019, gold prices soared, oil prices fell, trade tensions wore on investors' nerves, and stocks fell again last week. Mounting trade tensions between the United States and China, an...
Read More
The Markets (as of market close May 24, 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....
Read More
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...
Read More
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...
Read More
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...
Read More
The Markets (as of market close April 26, 2019) The S&P 500 and Nasdaq reached record highs last week on the heels of an unexpectedly strong GDP report. Tech shares got a boost from strong quarterly earnings reports from a major...
Read More
The Markets (as of market close April 19, 2019) Stocks moved very little during the holiday-shortened week (markets were closed in observance of Good Friday). The large caps of the Dow inched up a little over 0.5%, while the S&P 500...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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...
Read More
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....
Read More
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...
Read More