Weekly Market Recap

Dollar Strengthens as Markets Close the Week Up

February 6th, 2015

The Dow finished up this week despite a flat Wednesday and losses on Friday. All told, the market gained 3.84% over 5 days, starting the week at 17,165.26 and ending it at 17,824.29. It was a similar story for the NASDAQ, which rose 2.36% on the week and closed at 4,744.40. The S&P 500 was … READ MORE

Earnings Reports Lead to Volatile Week for the Market

January 30th, 2015

Most companies released their earnings reports this week, leading to dramatic moves in the market. Although there were big localized spikes and losses, the trend toward falling oil and gas prices continued to dominate the energy sector. Consumer durable goods picked up the pace this quarter, leading to some surprising profits for home builders. All … READ MORE

Crude Oil Continues to Fall; Microsoft Unveils Windows 10

January 23rd, 2015

Weekly Wrap Up U.S. stocks had a 4-day winning streak snapped on Friday, but on the bright side they did post weekly gains. Crude oil continues to fall and fell another 5% on Tuesday to $46.13 a barrel. While falling gas prices is putting more money into consumers pockets, there are many people who are … READ MORE

Oil Falls to a 6-Year Low; The Fed Rate Hike Discussion Continues

January 16th, 2015

Weekly Wrap Up Falling oil prices continued to drag stocks down, as crude oil prices fell to $45 a barrel this week – a 6 year low. Many have begun speculating that oil prices will never return to the once common $100 a barrel price that it used to fetch. While falling oil prices are … READ MORE

Stocks in the Red for 2015

January 9th, 2015

Weekly Wrap Up U.S. stocks made great strides this week to recoup its recent losses on Thursday, but fell further on Friday. U.S. stock indexes are now in the red in 2015 despite a better-than-expected jobs report being released on Friday. 252,000 jobs were added in December and the unemployment rate fell to 5.6%, a … READ MORE

What’s Ahead in 2015?

January 2nd, 2015

Weekly Wrap Up This week brought the end of one year and the beginning of another year with a roller coaster of a week for stocks. After closing above 18,000 for the first time ever a couple of weeks ago the Dow has yet to return to that milestone. And the S&P 500 hasn’t fared … READ MORE

Dow Tops 18,000 For First Time in History

December 26th, 2014

Weekly Wrap Up The Dow closed above 18,000 for the first time ever this week shortly after the Commerce Department announced that the U.S. economy grew at a 5.0% annual rate in Q3. It was a relatively quiet week as the U.S. stock market was only open for 3 full days during the week. Along … READ MORE

Gas Prices Fall Below $58 a Barrel, Sending Stocks Lower

December 12th, 2014

Weekly Wrap Up Many investors are wondering if the end of the bull market is near as the Dow Jones fell 315 points on Friday, closing out one of its worst weeks in 3 years. The stocks continue to be dragged down by the falling gas prices, crude oil is now below $58 a barrel. … READ MORE

Stocks Push Further Into Record Territory on Better-Than-Expected Jobs Report

December 5th, 2014

Weekly Wrap Up Hiring was the theme of November as employers blew past the most optimistic expectations and added 321,000 jobs. The unemployment rate also remained unchanged at 5.8% as 70% of U.S. industries added jobs last month. The much better-than-expected jobs report sent stocks soaring into record territory. The Dow Jones even finished the … READ MORE

U.S. Stocks Post Fifth Straight Week of Gains

November 21st, 2014

Weekly Wrap Up The strong week for U.S. stocks wrapped up with the Dow Jones and S&P 500 ending at new record closes on Friday. Even Nasdaq is pushing closer to it’s record high, that hasn’t been achieved in over 14 years. The minutes from the Fed’s October meeting was released this week and showed … READ MORE

Record Finishes Continued Throughout the Week

November 14th, 2014

Weekly Wrap Up The Dow Jones and the S&P 500 continued to push further into record territory; both stock indexes had multiple record closes throughout the week. Strategists are confident that the stock market will continue to move “sideways to up” for the rest of the year after narrowly missing a correction in October. Crude … READ MORE

Record Closes for Dow Jones & S&P 500 Highlight the Week

November 7th, 2014

Weekly Wrap Up Record finishes for the Dow Jones and S&P 500 continued this week as the two stock indexes closed on Friday with their 22nd and 38th record closes of the year. November has begun on a high note but only time will tell if this November will live up to its market-friendly reputation. … READ MORE

Record Closes & The Feds Announcement Highlight the Week

October 31st, 2014

Weekly Wrap Up A roller coaster month for stocks ends on a high note as the Dow Jones and S&P 500 close out October with record highs. This week the Fed announced that they would be putting an end to their bond buying program that began in 2008. The Fed believes that the program has … READ MORE

S&P 500 Posts Biggest Weekly Gain of 2014

October 24th, 2014

Weekly Wrap Up Stocks closed higher on Friday, with the S&P 500 posting its biggest weekly gain of 2014. Oil prices hit a 27-month low this week as the price of crude oil fell to nearly $80 a barrel. Some economists believe that crude oil prices can and will drop even further, possible down to … READ MORE

Stocks Rally on Friday, Still End the Week Down

October 17th, 2014

Weekly Wrap Up The stocks end the week rallying, but the Dow Jones still closed down 1% for the week after jumping up 263 points on Friday. Yesterday’s rally was optimistic but stocks are still down for October. Nasdaq is down over 5% this month and this is the fourth straight week that the Dow … READ MORE

Dow Lost All 2014 Gains This Week

October 10th, 2014

Weekly Wrap Up A bad week for stocks finally ends with the Dow reporting its biggest drop of 2014 on Thursday. The Dow ended the week down 2.7%, while Nasdaq fell a whopping 4.5%. This week also wiped all of the gains made by the Dow Jones Industrial Average in 2014. The Dow ended the … READ MORE

Hiring Rebounds as 248,000 Jobs Were Added in September

October 3rd, 2014

Weekly Wrap Up September’s bad rep for stocks lived on this year as this year as the S&P 500 and Nasdaq fell 1.5% and 1.9%, respectively. And October started off rough as the Dow Jones fell 238 points on October 1st. September’s job report was released yesterday and reported much better than expected figures. The … READ MORE

Tech Stocks Driving Force Behind Roller Coaster Week for Stocks

September 26th, 2014

Weekly Wrap Up U.S. stocks ended a roller coaster week in the green. Tech stocks seemed to be the driving force behind this weeks gains and losses. Alibaba’s (BABA) surge during its IPO was short lived as it fell over 4% on Monday. Later in the week, Apple’s (AAPL) stock dropped around 4% due to … READ MORE

Record Setting Week for Stocks; Interest Rates to Remain Low

September 19th, 2014

Weekly Wrap Up Overall, it was a really good week for U.S. stocks. The Dow Jones closed at record highs for 3 days this week, joined by the S&P 500 which closed with a record high on Thursday. The Fed held their Federal Open Market Committee this week and the big news out of that … READ MORE

Weak Jobs Data Pulls Stocks Down; Apple Unveils New Products

September 12th, 2014

Weekly Wrap Up Stocks struggled throughout the week, posting their first weekly loss in 6 weeks. The number of Americans filing unemployment claims unexpectedly rose last week. An additional 11,000 Americans filed for unemployment benefits, rising the total to a seasonally adjusted 315,000, the highest level since the end of June. Dollar General (DG) has … READ MORE