Stocks broke out of a narrow range on Friday following news that two major banks grew their bottom line in the first quarter. For the week, the S&P 500 rose 0.79%, the Nasdaq Composite, 0.91% and the Dow Jones Industrial Average improved 0.50%. Turning to overseas stocks, the MSCI EAFE index declined 0.09%. Click here […]

Stocks just posted their second straight weekly gain.  Investors were encouraged by the latest jobs report and new signs of progress on a U.S.-China trade deal.  The Dow Jones Industrial Average advanced 1.17% in five trading days; the S&P 500, 1.27%; the Nasdaq Composite, 1.72%.  The MSCI EAFE index of international stocks improved 1.84%. Click […]

Stocks ended last week higher as volatility slowed, completing their best quarter since 2009.  A Friday tweet from Treasury Secretary Steven Mnuchin encouraged investors, referring to “constructive” discussions in the ongoing U.S.-China trade negotiations. Click here to read the full article.

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The big story last week was the sudden grounding of Boeing 737 Max 8 and 9 passenger jets in dozens of countries.  The financial effects of this ban could potentially impact the airline industry and segments of the economy for months. Click here to read the full article.

As in February, investors spent most of the first full trading week of March hoping for new details in U.S.-China trade negotiations.   While they waited, stock benchmarks drifted downward.  From Monday’s open to Friday’s close, the S&P 500 lost 2.55%, while the Dow Industrials took a 2.66% fall, and the Nasdaq Composite weakened 3.12%.  The […]