Thoughts and insight on the latest retirement topics.
Market Update: January 23, 2023 Mixed Results Following Weak Economic Data, Plus SFG News and Events
Stocks showed mixed results last week as recession fears resurfaced in response to weak economic data and a tepid start to a new corporate earnings season. The Dow Jones Industrial Average skidded 2.70%, while the Standard & Poor’s 500 declined 0.66%. But the Nasdaq Composite index gained 0.55% for the week. The MSCI EAFE index,…
Market Update: January 9, 2023 New Year’s Rally in Reply to Positive Economic News, Plus SFG News and Events
A strong Friday rally triggered by fresh signs of moderating inflation pushed stocks into positive territory to begin the new year. The Dow Jones Industrial Average rose 1.46%, while the Standard & Poor’s 500 advanced 1.45%. The Nasdaq Composite index gained 0.98%. The MSCI EAFE index, which tracks developed overseas stock markets, added 0.90%..1,2,3 …
Market Update: January 3, 2023 Erratic Holiday Trading Leaves Stocks in Doldrums, Plus SFG News and Events
In a holiday-shortened week, erratic trading left stocks marginally down for the week. The Dow Jones Industrial Average lost 0.17%, while the Standard & Poor’s 500 slipped 0.14%. The Nasdaq Composite index fell 0.30%. The MSCI EAFE index, which tracks developed overseas stock markets, edged 0.61% higher.1,2,3 Stocks End Lower Steps by China to…