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Featured Article: Stocks Touch Record High
Economic Calendar
Recipe of the Week: Tijuana Street Corn (Elote)
Tax Tips
Golf Tips
Healthy Lifestyle
Green Living
Stocks Touch Record High
The Week on Wall Street
The S&P 500 hit an all-time peak of 2,964.03, in intraday trading Friday, while improving 2.20% across five market days. The Dow Jones Industrial Average and Nasdaq Composite posted respective, 5-day advances of 2.41% and 3.01%.
In addition, the MSCI EAFE benchmark of overseas stocks rose 2.58%. A White House tweet and the latest monetary policy outlook from the Federal Reserve sent the bulls running. These were the top two financial news items in an eventful week – a week in which the value of West Texas Intermediate crude rose 9.4%
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Featured Article: Further June Gains
Economic Calendar
Recipe of the Week: Veg-Out Salad
Tax Tips
Golf Tips
Healthy Lifestyle
Green Living
Further June Gains
The Week on Wall Street
Stocks advanced for a second straight week. The S&P 500 benchmark rose 0.47%; the Nasdaq Composite, 0.70%; the Dow Jones Industrial Average, 0.41%. Overseas shares, as tracked by the MSCI EAFE developed markets index, added 0.20%.
The market seemed to put its recent preoccupation with trade issues aside, with attention shifting to this week’s Federal Reserve monetary policy meeting. Traders in futures markets now believe the Fed will make a rate cut in July, so its June policy statement will be of great interest.
Oil Prices Rollercoaster
Attacks on vessels in the Strait of Hormuz, the busy oil shipping channel…
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Featured Article: May Ends with a Retreat
Economic Calendar
Recipe of the Week: East Coast Crab Cakes
Tax Tips
Golf Tips
Healthy Lifestyle
Green Living
Big Gains for the Major Indices
The Week on Wall Street
Stocks rallied during a week in which Wall Street was buffeted by headlines. The S&P 500 rose 4.41%. The Nasdaq Composite and Dow Jones Industrial Average respectively added 3.88% and.
Following a mixed Monday, the market jumped Tuesday after dovish remarks from Federal Reserve Chairman Jerome Powell. Breaking out of a 6-week losing streak, the Dow had its best week since, >
Speaking at the Federal Reserve Bank of Chicago, the Fed chair stated that central bank officials “will act as appropriate to sustain the expansion” of the economy in the.…
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Featured Article: May Ends with a Retreat
Economic Calendar
Recipe of the Week: Hot Ramen Bowl
Tax Tips
Golf Tips
Healthy Lifestyle
Green Living
May Ends with a Retreat
The Week on Wall Street
Stocks struggled during a 4-day market week as the U.S.-China trade standoff continued to weigh on the minds of market participants.
From the Friday, May 24 close to the Friday, May 31 close, the S&P 500 retreated 2.62%; the Nasdaq Composite, 2.41%; the Dow Jones Industrial Average, 3.01%. The MSCI EAFE index of overseas stocks dipped just 1.47% in a week. , >
Trade is dominating the conversation in the financial markets, with developments steadily unfolding. Wednesday, China’s state.…
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Featured Article: Trade Tensions Linger
Economic Calendar
Recipe of the Week: “Ice Cream Truck” Ice Cream Sandwich
Tax Tips
Golf Tips
Healthy Lifestyle
Green Living
Trade Tensions Linger
The Week on Wall Street
Stocks drifted lower last week as investors considered the possibility that the world’s two largest economies might take some time to resolve key trade issues.
The S&P 500 retreated 1.17%; the Nasdaq Composite, 2.29%; the Dow Jones Industrial Average, 0.69%. The concern over trade was felt elsewhere: the overseas developed markets benchmark, the MSCI EAFE, also lost 1.41% in five sessionsp>
A compromise on tariffs between the U.S. and China did not seem forthcoming last week. Negotiations appeared stalled.…
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Featured Article: Trade News Moves the Market
Economic Calendar
Recipe of the Week: Red and White Roasted Potatoes
Tax Tips
Golf Tips
Healthy Lifestyle
Green Living
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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Featured Article: Higher Tariffs Take Effect
Economic Calendar
Recipe of the Week: Garlicky Dill Pickles
Tax Tips
Golf Tips
Healthy Lifestyle
Green Living
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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Featured Article: Major Indices Have a Mixed Week
Economic Calendar
Recipe of the Week: Cheeseburger Sliders with Secret Sauce
Tax Tips
Golf Tips
Healthy Lifestyle
Green Living
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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Featured Article: S&P 500 Reaches a New Peak
Economic Calendar
Recipe of the Week: The Best Cream of Mushroom Soup
Tax Tips
Golf Tips
Healthy Lifestyle
Green Living
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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Featured Article: A Mild Week for the Market
Economic Calendar
Recipe of the Week: Spectacular Blood Orange Tart with Toasted Meringue
Tax Tips
Golf Tips
Healthy Lifestyle
Green Living
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 …