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Market Commentary

Market Commentary

Market Week: February 19, 2024 The Markets (as of market close February 16, 2024) Rising inflation heightened investor concerns that the Federal Reserve may not consider lowering interest rates during the first half of the year. Among the benchmark indexes listed here, only the small caps of the Russell 2000 and the Global Dow were able to gain ground. The Dow snapped a five-week winning streak, while the Nasdaq and the S&P 500 also finished the week lower. With the stock market closed on
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Market Commentary

  Market Week: February 12, 2024 The Markets (as of market close February 9, 2024) Stocks closed higher last week, with the S&P 500 and the Nasdaq reaching record highs. Investors were encouraged by generally favorable fourth-quarter corporate earnings data and a downwardly revised Consumer Price Index for December. Each of the benchmark indexes listed here gained ground, led by the Russell 2000 and the Nasdaq. Last week saw information technology, communication services, industrials,
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Market Commentary

MARKET VIEW WEEKLY – FEBRUARY 5th, 2024  ECONOMIC REVIEW1 The Federal Reserve (Fed) maintained interest rates between 5.25% and 5.50% during its first meeting of 2024, aligning with market predictions.The Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI) rose to 49.1 in January from 47.1 in December. Readings above 50 indicate expansion, while those below 50 signal contraction. The latest figure marks the 15th consecutive month the index has
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