Stocks notched a solid gain as dovish comments from Federal Reserve officials boosted the market’s recovery from early August lows. The Standard & Poor’s 500 Index rose 1.45 percent, while the Nasdaq Composite added 1.40 percent. The Dow Jones Industrial Average picked up 1.27 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, […]
In this episode of the iWealth Podcast, hosts Brad Connors and Matt Wiechmann break down the key highlights of Q2 2024. They discuss the strong performance of the S&P 500, driven largely by tech giants, and the importance of understanding market weightings. The episode also covers the impact of the upcoming election on the market, […]
Artificial Intelligence (AI) is continually seeking to play an increasingly larger role in the financial planning and wealth management industry, significantly improving some aspects of the industry. The bigger question is how does AI impact our iWealth team and our clients? Enhancing Advisor Efficiency and Productivity AI can automate many routine, time-consuming tasks such […]
Stocks posted solid gains last week, buoyed by robust economic data and constructive comments from Fed officials. The Standard & Poor’s 500 Index rose 3.93 percent, while the Nasdaq Composite gained 5.29 percent. The Dow Jones Industrial Average lagged a bit, picking up 2.94 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, […]
Stocks ended last week with modest losses, masking a volatile five-day trading period that saw investors embrace recession concerns and then dismiss the slow-down talk as speculation as the week progressed. The Dow Jones Industrial Average slipped 0.60 percent, while the Standard & Poor’s 500 Index ended flat (-0.04 percent). The Nasdaq Composite dipped 0.18 […]
Stocks fell broadly last week as investors looked past upbeat Fed comments and focused on disappointing corporate reports and weaker-than-expected economic data. The Dow Jones Industrial Average lost 2.20 percent, while the Standard & Poor’s 500 Index fell 2.06 percent. The Nasdaq Composite Index dropped 3.35 percent. By contrast, the MSCI EAFE Index, which tracks […]