Market Commentaries

08 Mar

Slowing Growth Hits Stocks

March 8, 2019 Stocks fell this week as investors grew nervous over slowing global economic growth. Driving markets lower was the European Central Bank’s (ECB) surprise announcement that it would initiate a new stimulus program. The news spooked markets because it indicates a complete reversal from its decision to end its $2.9 trillion bond-buying program…

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01 Mar

Dow’s Streak Broken

March 1, 2019 The Dow 30 handed investors their first weekly loss of the year, slipping -0.02% for the week. A weaker than expected U.S. manufacturing report and readings showing that the manufacturing sectors in both China and Europe were in contraction weighed on market sentiment heading into the Friday close. The tiny loss came…

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22 Feb

Dow Retakes 26K on Trade Deal Hopes

February 22, 2019 The Dow Jones Industrial Average kept its winning streak alive, up for the ninth consecutive week. Hopes for a U.S.-China trade deal fueled the market’s move higher as the two concluded another week of trade talks on Friday. Also adding to the positive sentiment on the Street was the Federal Reserve’s Open…

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