Stuart Financial Group Blog

Thoughts and insight on the latest retirement topics.

Market Update: November 7, 2023: Stocks Rise, Jobs Cool, Plus SFG News and Events

Market Insights Stocks ripped higher last week on a dramatic retreat in bond yields triggered by easing inflation and a slowing labor market. The Dow Jones Industrial Average jumped 5.07%, while the Standard & Poor’s 500 surged 5.85%. The Nasdaq Composite index rocketed 6.61% higher for the week. The MSCI EAFE index, which tracks developed…

Read More...

Market Update: October 31, 2023: Stocks Retreat on Cautious Earnings Reports, Plus SFG News and Events

Market Insights Amid a busy week of corporate earnings reports, stocks slumped on cautious earnings guidance, fears of higher interest rates, and growing anxiety over the increasing amount of Treasury bonds and notes coming to market. The Dow Jones Industrial Average dropped 2.14%, while the Standard & Poor’s 500 declined 2.53%. But the Nasdaq Composite…

Read More...

Market Update: October 24, 2023: Stocks Retreat Despite Solid Earnings, Plus SFG News and Events

Market Insights Rising bond yields and uncertainty over whether this was the close of the Fed’s rate-hike cycle dragged markets lower last week despite solid corporate earnings results. The Dow Jones Industrial Average sank 1.61%, while the Standard & Poor’s 500 fell 2.39%. The Nasdaq Composite index, which has led for much of the year,…

Read More...

Market Update: October 17, 2023: Markets React to Turmoil in Middle East, Inflation Concerns, Plus SFG News and Events

Market Insights Stocks ended mixed last week amid the outbreak of hostilities in the Middle East and higher-than-expected inflation data. The Dow Jones Industrial Average gained 0.20%, while the Standard & Poor’s 500 rose 0.45%. But the Nasdaq Composite index slipped 0.18% for the five trading days. The MSCI EAFE index, which tracks developed overseas…

Read More...

Market Update: October 10, 2023: Stocks Rally After Strong Jobs Report, Plus SFG News and Events

Market Insights A Friday rally overcame a shaky week, sending stocks mostly higher. The Dow Jones Industrial Average slipped 0.30% for the week. Meanwhile, the Standard & Poor’s 500 gained 0.48%, and the Nasdaq Composite index added 1.60% for the five trading days. The MSCI EAFE index, which tracks developed overseas stock markets, fell 2.37%.1,2,3…

Read More...

Market Update: October 3, 2023: Bond Yields Rise; Government Shutdown Looms, Plus SFG News and Events

Market Insights Rising bond yields and government shutdown fears left stocks in mostly negative territory for the week. The Dow Jones Industrial Average lost 1.34%, while the Standard & Poor’s 500 slipped 0.74%. The Nasdaq Composite index was flat (+0.06%) for the week. The MSCI EAFE index, which tracks developed overseas stock markets, fell 1.95%.1,2,3…

Read More...

Market Update: September 26, 2023: Stocks End Summer with Gloomy News, Plus SFG News and Events

Market Insights Rising bond yields and fears of a government shutdown hammered stocks last week, with technology shares bearing the brunt of the retreat. The Dow Jones Industrial Average lost 1.89%, while the Standard & Poor’s 500 dropped 2.93%. The Nasdaq Composite index tumbled 3.62% for the week. The MSCI EAFE index, which tracks developed…

Read More...

Market Update: September 19, 2023: Stocks Stand Still, Awaiting Fed, Plus SFG News and Events

Market Insights Stocks ended the week roughly where they began as investors digested a mixed set of new economic data. The Dow Jones Industrial Average gained 0.12%, while the Standard & Poor’s 500 slipped 0.16%. The Nasdaq Composite index fell 0.39% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, added…

Read More...

Market Update: September 12, 2023: Will the Fed Raise Interest Rates?, Plus SFG News and Events

Market Insights Concerns that the Fed may raise interest rates soured investor sentiment, sending stocks lower in a holiday-shortened trading week. The Dow Jones Industrial Average slipped 0.75%, while the Standard & Poor’s 500 declined 1.29%. The Nasdaq Composite index dropped 1.93% for the week. The MSCI EAFE index, which tracks developed overseas stock markets,…

Read More...

Market Update: September 5, 2023: September Stocks Open In Positive Territory, Plus SFG News and Events

Market Insights Falling bond yields–spurred by weak economic data–helped lift stocks to weekly gains. The Dow Jones Industrial Average advanced 1.43%, while the Standard & Poor’s 500 gained 2.50%. The Nasdaq Composite index increased 3.25% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, picked up 2.71%.1,2,3 Stocks Rise on Slowing…

Read More...

Market Update: August 29, 2023: Stocks Retreat; Powell Talk Goes Hawk, Plus SFG News and Events

Stocks posted gains for the week to close out a stellar month, aided by positive economic data and reports that all major banks had passed the Federal Reserve’s annual stress test. The Dow Jones Industrial Average gained 2.02%, while the Standard & Poor’s 500 rose 2.35%. The Nasdaq Composite index added 2.19%. The MSCI EAFE…

Read More...

Market Update: August 22, 2023: Stocks Weather Summer Storm of News and Indicators, Plus SFG News and Events

Stocks extended their August declines last week as higher yields and weak economic data out of China soured investor sentiment. The Dow Jones Industrial Average lost 2.21%, while the Standard & Poor’s 500 retreated 2.11%. The Nasdaq Composite index backtracked 2.59% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, slumped…

Read More...