MARKET UPDATE: OCTOBER 1, 2018

The Markets (as of market close September 28, 2018) Rising interest rates and ramped-up trade wars put a damper on stocks last week. While not unanticipated, the Fed raised the federal funds target rate 25 basis points and intimated that another hike is likely for December. On the trade front, the United States imposed tariffs… Read more »

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MARKET UPDATE: SEPTEMBER 24, 2018

The Markets (as of market close September 21, 2018) Performance of the benchmark indexes listed here was a mixed bag last week. Large caps of the Dow and S&P 500 outperformed the tech stocks of the Nasdaq and the small caps of the Russell 2000. Maybe investors are becoming immune to the ongoing trade battle… Read more »

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MARKET UPDATE: SEPTEMBER 17, 2018

The Markets (as of market close September 14, 2018) Tech and foreign stocks led the way as the market rebounded from the prior week’s decline. The prospect of renewed trade talks between China and the United States eased investor concerns. Large caps outperformed small caps as both the Dow and S&P 500 outpaced the Russell… Read more »

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MARKET UPDATE: SEPTEMBER 10, 2018

The Markets (as of market close September 7, 2018) Apparently a strong labor report, which included increasing wages, wasn’t enough to quell investors’ fears as stocks plummeted last week. President Trump’s threat to raise tariffs on an additional $267 billion in Chinese imports heightened trade war rhetoric and frightened investors. Each of the benchmark indexes… Read more »

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