by lindapowell | Aug 8, 2017 | Articles, Economic Updates
August 2017 THE MONTH IN BRIEF The Dow Jones Industrial Average gained 2.54% in July as earnings announcements and fundamental indicators provided a lift for the blue chips and other stock market indices. Hiring and manufacturing data was particularly reassuring....
by lindapowell | Jul 10, 2017 | Articles, Economic Updates
July 2017 THE MONTH IN BRIEF June brought some definite headwinds to Wall Street, but the broad stock market still advanced. The S&P 500 added 0.48% across the month, even with tech shares selling off. As anticipated, the Federal Reserve raised the federal...
by lindapowell | Jun 6, 2017 | Articles, Economic Updates
June 2017 THE MONTH IN BRIEF May was another good month for stocks. The S&P 500 gained more than 1%, putting its YTD advance above 7.7%. While the housing market showed some spring weakness, hiring bounced back and most other important economic indicators...
by lindapowell | May 4, 2017 | Articles, Economic Updates
May 2017 THE MONTH IN BRIEF In April, investors kept one eye on impressive corporate earnings and another on geopolitical developments in Asia and Europe. Earnings ultimately drew the most attention – the Dow Jones Industrial Average rose more than 1% for the month,...
by lindapowell | Apr 13, 2017 | Articles, Economic Updates
April 2017 THE MONTH IN BRIEF Stocks went sideways rather than north in March, with the S&P 500 losing just 0.04%. The Federal Reserve made another quarter-point interest rate move, and overseas, the United Kingdom initiated Brexit proceedings. While new...
by lindapowell | Mar 7, 2017 | Articles, Economic Updates
March 2017 THE MONTH IN BRIEF February was a great month for stocks and a historic month for the Dow Jones Industrial Average. The blue chips closed at record highs for 12 straight trading sessions, a feat unmatched for 30 years. The S&P 500 gained 3.72%...