Insights
Weekly Market Insights – May 29, 2023
Weekly Market Insights: Debt Talks Optimism Keeps Eyes On D.C. Presented by Cornerstone Financial Advisory, LLC Markets moved in sync last week with perceived movement in debt ceiling talks, weakening early in the week and then surging on news of progress. A solid...
Weekly Market Insights – May 22, 2023
Despite Stall, Debt Deal Optimism Cheers Markets Presented by Cornerstone Financial Advisory, LLC Stocks rallied last week, propelled by growing optimism over reaching a deal on raising the debt ceiling and avoiding a technical debt default by the U.S. The Dow Jones...
Weekly Market Insights – May 15, 2023
Attention Turns To The Debt Ceiling Presented by Cornerstone Financial Advisory, LLC Stocks were mixed last week as good inflation news was offset by mounting debt ceiling concerns and rekindled regional banking fears. The Dow Jones Industrial Average lost 1.11%,...
Weekly Market Insights – May 8, 2023
Friday Rally Trims Losses; CPI Report Next Week Presented by Cornerstone Financial Advisory, LLC A Friday rebound, triggered by a big tech company’s earnings beat and a strong jobs report, shaved much of the week’s accumulated losses. The Dow Jones Industrial Average...
Weekly Market Insights – May 1, 2023
Stocks Rally As Attention Shifts To Fed's May Meeting Presented by Cornerstone Financial Advisory, LLC Strong earnings from several mega-cap technology companies offset renewed regional banking jitters and weak economic data, leaving stocks higher for the week. The...
Weekly Market Insights – April 24, 2023
Stocks Show Small Losses After Mixed Week Presented by Cornerstone Financial Advisory, LLC Stocks remained resilient last week amid mixed earnings reports, hawkish Fed-speak, and lingering recession fears, closing out the five trading days with small losses. The Dow...
Weekly Market Insights – April 17, 2023
Lower Inflation Lifts Spirits In Uneven Week. Presented by Cornerstone Financial Advisory, LLC The combination of an improving inflation outlook resulted in a week of uneven, albeit positive, performance, in which cyclical and financial stocks rallied while...
Weekly Market Insights – April 10, 2023
Weekly Market Insights: Hiring Cools; Recession Fears Rise. Stocks ended a shortened week of trading mixed amid revived recession fears on Wall Street triggered by weak economic data. The Dow Jones Industrial Average gained 0.63%, while the Standard & Poor’s 500...
Weekly Market Insights – April 3, 2023
Banking Crisis Fears Dim; Markets Rally Presented by Cornerstone Financial Advisory, LLC Stocks rallied last week on receding fears of a widening banking crisis, led by resurging investor interest in technology and communication services names. The Dow Jones...
Weekly Market Insights – March 27, 2023
Mixed Message Provokes Volatility Presented by Cornerstone Financial Advisory, LLC Modest gains in major market indices masked sharp volatility amid the uncertainty arising from mixed messages emanating from public officials and revived banking fears. The Dow Jones...