Market Commentary – June 3rd, 2024

Market Commentary – June 3rd, 2024

With concerns over a cooling gross domestic product (GDP) number, broad equity indices were down for the week. The S&P 500 turned negative, falling 0.51% The Dow Jones Industrial Average was down by 0.98% The Nasdaq Composite finished lower by 1.10% The 10-Year...
Market Commentary | May 28th, 2024

Market Commentary | May 28th, 2024

Broad equities were mixed for the week with the Nasdaq posting a fifth straight weekly gain. The S&P 500 was flat for the week, gaining 0.03% The Dow Jones Industrial Average was down by 2.33% The Nasdaq Composite finished higher by 1.41% The 10-Year Treasury...
Market Insights – May 20, 2024

Market Insights – May 20, 2024

Weekly Market Insights: Investors Anticipate Fed Rate Change Presented by Pinecrest Financial Stocks notched a solid gain last week in a mega-cap, tech-led rally bolstered by positive inflation news. Dow 40,000 The week began quietly as market averages traded in a...
Market Insights – May 20, 2024

Market Insights – May 13, 2024

Weekly Market Insights: Stocks Rise, Anticipating Rate Cut Presented by Pinecrest Financial Stocks notched a solid gain last week as rate-cut expectations paced the rally as the Q1 earnings season wound down. Stocks Climb Steadily Monday opened with stocks picking up...
Market Insights – May 20, 2024

Weekly Insights – May 6, 2024

Weekly Market Insights: Volatility, Uncertainty Rule The Week For Markets Presented by Pinecrest Financial Stocks notched a solid gain last week, rallying behind upbeat earnings, a dovish Fed, and mixed economic data. Stocks Pop, Drop, Then Rally Markets began the...