Markets moved in sync last week with perceived movement in debt ceiling talks, weakening early in the week and then surging on news of progress. A solid quarterly report and guidance from a mega-cap technology company helped with enthusiasm.
Continue reading “Weekly Market Insights: Debt Talks Optimism Keeps Eyes on D.C.”
Stocks rallied last week, propelled by growing optimism over reaching a deal on raising the debt ceiling and avoiding a technical debt default by the U.S.
Continue reading “Weekly Market Insights: Despite Stall, Debt Deal Optimism Cheers Markets”
Stocks were mixed last week as good inflation news was offset by mounting debt ceiling concerns and rekindled regional banking fears.
Continue reading “Weekly Market Insights: Attention Turns to the Debt Ceiling”
A Friday rebound, triggered by a big tech company’s earnings beat and a strong jobs report, shaved much of the week’s accumulated losses.
Continue reading “Weekly Market Insights: Friday Rally Trims Losses; CPI Report Next Week”
The combination of an improving inflation outlook resulted in a week of uneven, albeit positive, performance, in which cyclical and financial stocks rallied while technology, real estate, and utilities lagged.
Continue reading “Weekly Market Insights: Lower inflation lifts spirits in uneven week”
Stocks ended a shortened week of trading mixed amid revived recession fears on Wall Street triggered by weak economic data.
Continue reading “Weekly Market Insights: Hiring Cools; Recession Fears Rise”
Stocks rallied last week on receding fears of a widening banking crisis, led by resurging investor interest in technology and communication services names.
Continue reading “Weekly Market Insights: Banking Crisis Fears Dim; Markets Rally”
Modest gains in major market indices masked sharp volatility amid the uncertainty arising from mixed messages emanating from public officials and revived banking fears.
Continue reading “Weekly Market Insights: Mixed Message Provokes Volatility”
Amid the reverberations of two U.S. banks being taken over by regulators and the spread of uncertainty to European banks, stocks trended higher last week on the strength of the technology sector.
Stocks tumbled last week as investors reconsidered their interest rate expectations after Fed Chair Powell’s Congressional testimony that rates may need to go higher. Stocks also were rattled when a west coast bank was placed into receivership on Friday following a run on deposits.
Continue reading “Weekly Market Insights: Bad News Gives Markets a One-Two Punch”