Posts Tagged ‘retirement planning’

Trade News Moves the Market



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Featured Article: Trade News Moves the Market


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Recipe of the Week: Red and White Roasted Potatoes


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Higher Tariffs Take Effects

The Week on Wall Street
Stocks fell sharply at the start of last week over trade tensions, then recovered with help from strong earnings and indications that U.S.-China trade talks would continue. Even so, the major indices had a down week..

At midweek, Secretary of the Treasury Steven Mnuchin told reporters that he expected the U.S. to …

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Higher Tariffs Take Effect



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Recipe of the Week: Garlicky Dill Pickles


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Higher Tariffs Take Effects

The Week on Wall Street
As we noted recently, Wall Street has a wandering eye. Last week, it focused on the new tariff threats in the ongoing U.S.-China trade dispute. Stocks fell across five trading sessions: the Dow Jones Industrial Average lost 2.12%, the S&P 500, 2.18%; the Nasdaq
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At 12:01 a.m. Friday, duties on $200 billion worth of Chinese products coming to the U.S. rose from 10% to …

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Major Indices Have a Mixed Week



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Featured Article: Major Indices Have a Mixed Week


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Recipe of the Week: Cheeseburger Sliders with Secret Sauce


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Major Indices Have a Mixed Week

The Week on Wall Street
Stocks were up and down last week, and the three major benchmarks ended up little changed after five trading days. The S&P 500 rose 0.20% for the week; the Nasdaq Composite, 0.22%. The Dow Jones Industrial Average declined 0.14%.
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While the Fed was not expected to make a move, some investors wondered if its latest policy statement might hint at the possibility of a rate cut later this year. No such hint appeared…

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S&P 500 Reaches a New Peak



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Recipe of the Week: The Best Cream of Mushroom Soup


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S&P 500 Reaches a New Peak

The Week on Wall Street
Stocks returned to record territory, with both the S&P 500 and the Nasdaq Composite closing at historic highs.

Last month, Wall Street fixated on trade, reacting to even the slightest hint of progress in U.S.-China negotiations. This month, the trade talks have taken a back seat, and the fixation is on earnings.

Anxieties about a possible earnings recession may be fading. So far, first-quarter results for S&P 500 firms are 5.3% above expectations; that compares to a 5-year average of 4.8%…

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A Mild Week for the Market





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Recipe of the Week: Spectacular Blood Orange Tart with Toasted Meringue


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A Mild Week for the Markets

The Week on Wall Street
A short and relatively placid trading week wrapped up Thursday, with the major indices turning in mixed performances. The S&P 500 retreated 0.08%, the Nasdaq Composite advanced 0.17%, and the Dow Jones Industrial Average gained 0.56%.;

Nothing really catalytic emerged to drive the market last week, and volumes were low.

More than 78% of S&P 500 firms reporting so far this earnings season have surpassed analyst expectations, according to FactSet. Since guidance tends to be conservative, there is the possibility that more companies …

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The Q1 Earnings Season Begins





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Recipe of the Week: Cauliflower Rice Pilaf


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Gains Conclude a Great Quarter

The Week on Wall Street
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%. The Dow Jones Industrial Average improved 0.50;

Turning to overseas stocks, the MSCI EAFE index declined 0.09%;

The market spent much of the week in a lull as investors waited for earnings season to begin. Wall Street is paying close attention to both guidance and profit margins …

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Special Update: April 8, 2019-Quarterly Report





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Featured Article: Gains Conclude a Great Quarter


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Recipe of the Week: Sour/Salty Preserved Lemons


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Gains Conclude a Great Quarter

The Week on Wall Street
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 S&P 500, 1.27%; the Nasdaq Composite, 1.72%. The MSCI EAFE index of international stocks improved 1.84%;

The economy generated 196,000 net new jobs in March, according to the Department of Labor …

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Weekly Update: April 1, 2019-Gains Conclude a Great Quarter





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Featured Article: Gains Conclude a Great Quarter


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Recipe of the Week: Southern Fried Chicken Sandwich with Spicy Aioli Slaw


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Gains Conclude a Great Quarter

The Week on Wall Street
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

The S&P 500 gained 1.27% for the week. The Dow Industrials and Nasdaq Composite both exceeded that advance: the Dow rose 1.60%;

Foreign shares went the other way. The MSCI EAFE index following international stocks retreated …

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Weekly Update: March 25, 2019- Treasury Yields Prompt Concerns





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Featured Article: Treasury Yields Prompt Concerns


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Recipe of the Week: Classic Tomato and Bread Soup


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Treasury Yields Prompt Concerns

The Week on Wall Street
Friday, the yield of the 3-month Treasury bill exceeded the yield of the 10-year Treasury note for the first time in 12 years. For some analysts, this “inverted yield curve” may imply a short-term lessening of confidence. (Treasury yields move inversely to Treasury prices.)

As a result, the S&P 500 ended the week 0.94% lower. The Nasdaq Composite fell 0.80%, and the Dow Industrials lost 1.19%.

In contrast, the MSCI EAFE index following international stocks rose, gaining…

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Weekly Update: March 18, 2019-Dow, S&P, Nasdaq All Rise


Just a friendly reminder…

Our office will be operating on a half day schedule on Thursday, March 14th from 9:00 am to 12:00 pm.






In the afternoon, our Team, along with some of our client families will be volunteering at Food & Friends from 1:00 to 3:00 pm.



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Featured Article: Stocks Dip on Growth Concerns


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Recipe of the Week: Southern Buttermilk Biscuits


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S&P Ends Week Little Changed

The Week on Wall Street
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 MSCI EAFE index tracking developed markets outside the U.S. and Canada fell 1.09%.

Why did stocks lose momentum? In a hint that global economic growth might be slowing, the European Central Bank abruptly reduced its 2019 Gross Domestic Product forecast for the…

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