Market Commentaries

10 Sep

Sleepy Start to September

September 10th, 2021 Stocks struggled to find their feet in a post-Labor Day holiday shortened trading week. Investors kicked off the week digesting last Friday’s disappointing jobs report. The economy added 235K jobs in August, well short of economist estimates of 728K jobs. The shortfall was driven in large part by a drop in hiring…

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27 Aug

Fed Fuels Markets

August 27th, 2021 After last week’s dip due to concerns over delta’s potential impact on global growth, markets were back to breaking records once again this week. The S&P 500 registered its 52nd record close of the year on Friday, closing out the week’s trading at a record high of 4,509.37. Bulls came out of…

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20 Aug

Bulls Tap the Brakes on Delta Variant Concerns

August 20th, 2021 After hitting another all-time high on Monday, the Dow Jones Industrial Average ended the week down -1.11%. Rising concerns over slowing global growth as Delta variant cases spiked around the world along with weak U.S. consumer spending and housing starts managed to knock the Dow Jones Industrial Average from its peak. Disappointing…

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