Weekly Market Recap

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

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 … READ MORE

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. … READ MORE

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 … READ MORE

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. … READ MORE

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 … READ MORE