Weekly Market Recap

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
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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
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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
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Alibaba IPO Valued Near $20B; Kroger to Hire 20,000 More Workers

September 5th, 2014

Weekly Wrap Up The S&P 500 continued its record setting run, ending with yet another record finish on Friday to close out the week. The August jobs report was released on Friday, and it missed the mark. It was estimated that at least 200,000 jobs would be added last month, but in reality only 142,000
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August Named the Best Month for Stocks Since February

August 29th, 2014

Weekly Wrap Up The S&P 500 finally ended the day above 2000 for the first time in history. Throughout the week it continued to push further into record territory. August is the best months for U.S. stocks since February, partially due to the S&P 500 and the Dow Jones posting gains for 4 straight weeks.
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S&P 500 Closes With Its 28th Record High of the Year; Labor Market Not Fully Recovered

August 22nd, 2014

Weekly Wrap Up U.S. stocks posted slight gains this week, with the S&P 500 closing at its 28th record high of the year on Thursday. Janet Yellen spoke at the Fed’s annual symposium on Friday and said that while the labor market continues to improve, it has yet to fully recover years after the end
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Manufacturing Output Up 10.1%; Dow Has Best Weekly Gain

August 15th, 2014

Weekly Wrap Up Geopolitical factors played a major role this week, but there were indicators that investors were getting used to the uncertainty coming from the Russian-Ukrainian border. Despite Friday’s losses, major stock indexes were on track for the second straight week of gains with the Dow hitting its best weekly gain in five weeks.
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38% of Investors Feeling Bearish; Stocks End Roller Coaster Week Up

August 8th, 2014

Weekly Wrap Up Stocks have had a roller coaster of a week, dealing with the after effects of all of the geopolitical issues. On Thursday, the Dow even ended the day at its lowest point in nearly 3 months. Bearish sentiments continue to rise on Wall Street as 38% of investors are feeling bearish this
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Fed Continues to Trim Stimulus; Argentina’s Debt Default Impacts Stocks

August 1st, 2014

Weekly Wrap Up Argentina’s debt default drove the stocks down during the latter part of this past week. The debt crisis drove the Dow Jones down over 300 points on Thursday alone. The Fed also announced this week that they will continue to trim the stimulus by an additional $10 billion. The Federal Reserves cited
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Companies Continue to Release Q2 Earnings; IMF Cuts U.S. & Global Forecasts

July 25th, 2014

Weekly Wrap Up Stocks ended Friday in the red after the S&P 500 ended with record finishes on Wednesday and Thursday. The International Monetary fund cut its forecast for both U.S. growth and global GDP growth this year. On Wednesday, the IMF announced that they would be cutting its U.S. economic growth forecast for 2014
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Stocks Bounce Back; Microsoft Announces Layoffs

July 18th, 2014

Weekly Wrap Up Stocks end the week up, bouncing back from ending drastically down on Thursday. The factors that drove the stocks down this week were mainly geopolitical events, including the Malaysia Air crash in Ukraine and the continuing violence in Gaza. This week Janet Yellen stated that she believed that many U.S. stocks were
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Fed Releases June’s Minutes; AMZN

July 12th, 2014

Weekly Wrap Up After the Dow ended above 17,000 for the first time last week, stocks were mainly down this week. There are many factors that have contributed to the stocks ending down; but the main reasons are the possible spreading of the Portuguese financial crisis throughout Europe and that the chief of the International Monetary
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Street Ends Mixed This Week as Consumer Sentiment Brightens (GPRO, NKE)

June 27th, 2014

Weekly Wrap Up The US markets were able to close higher on Friday, but both the SP 500 and Dow Jones ended lower for the week. Nasdaq saw its second consecutive weekly gain. Consumer sentiment reportedly rose this month to a reading of 82.5 for June, driven by auto sales. On Wednesday it was announced
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Fed Continues to Trim Stimulus; Amazon Unveils 3-D Fire Phone

June 20th, 2014

Weekly Wrap Up The week ended on a high note with the Dow Jones and S&P 500 closing at record highs. In addition, Nasdaq closed at a 14-year high. The Federal Reserve met this week and announced, as expected, that they would be cutting the stimulus package by another $10 billion, reducing monthly spending from
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S&P 500 Surpassing 2014 Outlook; Global Unrest Drives Stocks Down

June 13th, 2014

Weekly Wrap Up Stocks had a rocky week partially due to the ongoing unrest in Iraq. This unrest is also pushing crude oil prices to their highest level this year and increasing the global demand for oil. The World Bank also lowered its global economic outlook due to ongoing conflicts in many parts of the
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Record Finishes Continue for Dow and S&P 500; Nasdaq Hits 3-Month High

June 6th, 2014

Weekly Wrap Up The Dow Jones and the S&P 500 achieved multiple record closes throughout the week. They both also ended the week with record highs and Nasdaq finished the week off at its highest level in almost 3 months. The May jobs report was released on Friday and the U.S. added 217,000 jobs last
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Dow Jones and S&P 500 End the Month in Record Territory

May 30th, 2014

Weekly Wrap Up The Dow Jones and S&P 500 both ended the month in record territory. The S&P 500 ended with record highs multiple days this past week, but was joined by the Dow on Friday. Despite ending the day down, Nasdaq posted a gain for the month of May. For the first time in
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S&P Rallies Over 1900 For the First Time; Dollar and Gas See Weekly Gains

May 23rd, 2014

Weekly Wrap Up Wall Street extended gains through the end of the week with the S&P reaching record high territory once again. It is the first weekly advance for the index in three weeks. The Spring selling season is fully underway and it was reported that new home sales hit higher than expected in April.
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Roller Coaster of a Week for U.S. Stocks; TrueCar Shares Up 16% During IPO Debut

May 16th, 2014

Weekly Wrap Up Stocks had a roller coaster of a week. The Dow Jones and the S&P 500 achieved a record high on Monday, rose even higher on Tuesday to end at a new record high, then retreated from the record highs on Wednesday. General Motors (GM) was in the news a lot this week.
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Dow Jones Closes at Record High; Companies Continue to Release Q1 Earnings Reports

May 9th, 2014

Weekly Wrap Up Stocks continued to end mixed all week. The Dow Jones had a roller coaster of week, dropping nearly 130 points on Tuesday, then recovering the majority of that loss on Wednesday and ending the week at a new all-time high on Friday. Companies continued to release their Q1 earning reports this week
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