Stock benchmarks retreated during the first week of the second-quarter earnings season. As some big names shared quarterly results, investors seemed more interested in what might happen at the Federal Reserve’s upcoming policy meeting.
The S&P 500 is going to…
July 16, 2019 by
Sometimes, particularly amid rising economic uncertainty and market volatility, the financial news media publishes stunningly conflicting market analysis. One headline news story says the S&P 500 is going to go up. The next story says that it’s going to fall.
In times like these, we think the most important thing to do is focus on personal investment goals.
S&P 500 Tops 3,000
July 15, 2019 by
Friday, the S&P 500 settled above 3,000 for the first time, after rising 0.78% for the week. The Dow Jones Industrial Average chalked up a milestone of its own: the blue chips ended the week above 27,000, gaining 1.52% on the way. Additionally, the Nasdaq Composite wrapped up the week 1.01% higher. The MSCI EAFE index, a gauge of overseas developed markets, fell 0.65%.
Special Update: Quarterly Report
July 8, 2019 by
U.S. stock benchmarks opened a new quarter positivley. The S&P 500 gained 1.65% in the opening week of July; the Dow Jones Industrial Average, 1.21%, the Nasdaq Composite, 1.94%. Overseas, stocks in developed markets, tracked by MSCI’s EAFE index, rose 1.43%.
iWealth Perspectives – Summer 2019
July 1, 2019 by
In This Issue:
- When Should You Retire?
- Should You Buy An RV?
- Going Green and Saving Green with Solar Panels
- Beat the Summer Heat with Sangria
Down Week Ends Strong Month
July 1, 2019 by
A month of gains for stocks ended with a weekly retreat. The S&P 500 lost 0.30%; the Nasdaq Composite, 0.32%; the Dow Jones Industrial Average, 0.45%.
Stocks Touch Record Highs
June 24, 2019 by
The S&P 500 hit an all-time peak of 2,964.03, in intraday trading Friday, while improving 2.20% across five market days. The Dow Jones Industrial Average and Nasdaq Composite posted respective, 5-day advances of 2.41% and 3.01%.
Further June Gains
June 17, 2019 by
Stocks advanced for a second straight week. The S&P 500 benchmark rose 0.47%; the Nasdaq Composite, 0.70%; the Dow Jones Industrial Average, 0.41%. Overseas shares, as tracked by the MSCI EAFE developed markets index, added 0.20%.
Big Gains for the Major Indices
June 10, 2019 by
Stocks rallied during a week in which Wall Street was buffeted by headlines. The S&P 500 rose 4.41%. The Nasdaq Composite and Dow Jones Industrial Average respectively added 3.88% and 4.71%. The MSCI EAFE index of overseas stocks improved 2.02% across five days.
May Ends with a Retreat
June 3, 2019 by
Stocks struggled during a 4-day market week as the U.S.-China trade standoff continued to weigh on the minds of market participants. From the Friday, May 24 close to the Friday, May 31 close, the S&P 500 retreated 2.62%, the Nasdaq Composite, 2.41%; the Dow Jones Industrial Average, 3.01%.
