Weekly Market Commentary for September 30th, 2019
The three major indexes slipped at the end of a tumultuous week, closing out their second week of losses. Negative sentiment stemmed from continued concern over the trade dispute between the world’s two largest economies and a whistleblower complaint that has led to an impeachment investigation of President Trump. For the week, the Dow fell 0.43 percent to close at 26,820.25. The S&P lost 0.98 percent to finish at 2,961.79, and the NASDAQ dropped 2.19 percent to end the week at 7,939.63.
Weekly Market Commentary for September 23rd, 2019
Stocks fell Friday after a Chinese agriculture delegation cancelled a scheduled trip to Montana, reducing optimism about China-U.S. trade talks. As a result, all three indexes experienced their first weekly decline in a month despite the Fed’s decision earlier this week to lower rates for the second time this year. For the week, the Dow fell 1.04 percent to close at 26,935.07. The S&P lost 0.49 percent to finish at 2,992.07, and the NASDAQ dropped 0.72 percent to end the week at 8,117.67.
Weekly Market Commentary for September 16th, 2019
Stocks were mixed Friday, but the three major indexes rose for a third consecutive week amid encouraging economic news. Retail sales grew more than expected in August. Central banks took economic stimulus measures. President Trump agreed mid-week to delay an added increase in tariffs on Chinese goods, and Beijing added some agricultural products to its list of imports exempted from tariffs. For the week, the Dow rose 1.65 percent to close at 27,219.52. The S&P gained 1.02 percent to finish at 3,007.39, and the NASDAQ climbed 0.91 percent to end the week at 8,176.71.
Weekly Market Commentary for September 9th, 2019
Stocks rose Friday as investors hoped for another rate cut from the Federal Reserve following a weaker-than-expected jobs report. According to the Labor Department, nonfarm jobs rose by 130,000 last month, compared to 164,000 in July. For the week, the Dow rose 1.53 percent to close at 26,797.46. The S&P gained 1.83 percent to finish at 2,978.71, and the NASDAQ climbed 1.76 percent to end the week at 8,103.07.
Weekly Market Commentary for September 3rd, 2019
Stocks were mixed on Friday, closing a wild month of trading. The major indexes experienced their worst monthly performance since May amid continued trade tensions and fears of a recession. For the week, the Dow rose 3.14 percent to close at 26,403.28. The S&P gained 2.83 percent to finish at 2,926.46, and the NASDAQ climbed 2.72 percent to end the week at 7,962.88.
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