WMA Weekly Market Wrap Up – 9/19/17

Back In Business Domestic stock benchmarks carved out another round of records on Friday to close out a good week, with a big assist from rallying telecommunication and bank shares, as Wall Street shook off North Korea’s latest missile launch. A great Monday, seen by many as something of a relief rally, set the tone for Read more about WMA Weekly Market Wrap Up – 9/19/17[…]

WMA Weekly Market Wrap Up – 9/12/2017

Mostly Lower Domestic stocks recorded modest losses last week. Energy stocks were strong early in the week as crude oil prices advanced, while health care, utilities, and real estate stocks ended the week with some positive momentum. Consumer discretionary, financial, and tech names lagged. Mid-cap shares were particularly weak and ended the week the furthest Read more about WMA Weekly Market Wrap Up – 9/12/2017[…]

WMA Weekly Market Wrap Up – 9/5/2017

Higher, but Quietly (Again) U.S. equities finished last week and the first trading day of September with a gain Friday, on expectations that a weaker-than-expected rise in August nonfarm payrolls could dull the Federal Reserve’s desire further to raise borrowing costs in 2017. Small caps outperformed large caps for the week and foreign stocks generally Read more about WMA Weekly Market Wrap Up – 9/5/2017[…]

WMA Weekly Market Wrap Up – 8/22/2017

  Volatility Returns Last week’s news was dominated by politics, and the market turned in an unsteady performance. Stocks rebounded on Monday as North Korean fears eased but then tanked on Thursday due to earnings weakness and more terrorism abroad. The announced departure of White House Chief Strategist Steve Bannon came after the close of Read more about WMA Weekly Market Wrap Up – 8/22/2017[…]

WMA Weekly Market Wrap Up – 8/14/17

Lower Everywhere Growing concerns about the risk of conflict on the Korean Peninsula and some disappointing corporate earnings reports sent the major U.S. equity benchmarks lower last week. The Dow’s streak of nine straight record-setting high closes ended Tuesday, as President Trump threatened war with North Korea in response to the DPRK’s nuclear provocations. Greater losses followed Read more about WMA Weekly Market Wrap Up – 8/14/17[…]

WMA Weekly Market Wrap Up July 31st – Modestly Lower

Most of the major domestic stock benchmarks ended the week modestly lower, with the Dow being the prominent exception. The market received a boost from energy stocks, as oil prices advanced following the promise of production cutbacks by Saudi Arabia. Real estate-related shares also performed well. Health care stocks fared poorly, weighed down in part Read more about WMA Weekly Market Wrap Up July 31st – Modestly Lower[…]

All Systems Still “Go!”

After the previous week’s big across-the-board gains, stocks recorded just modest gains last week, but those gains were enough for every major benchmark except the Dow to reach new all-time highs. The tech-heavy Nasdaq performed best, helped by strength among Internet-related stocks following a favorable earnings report from Netflix. A midweek rally in crude oil Read more about All Systems Still “Go!”[…]

Markets and Sectors Flash Green Pretty Much Everywhere

Pretty much every sector of the global stock markets was significantly higher last week. The Dow Jones Industrial Average and the S&P 500 each touched new intraday highs, but the tech-heavy Nasdaq performed best among the domestic indices for the week. Trading volumes were generally subdued through Thursday as traders awaited the start of earnings Read more about Markets and Sectors Flash Green Pretty Much Everywhere[…]