Insights
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...
Weekly Market Insights – March 20, 2023
Markets Cautious After Banking Woes; Awaiting Fed Reaction Presented by Cornerstone Financial Advisory, LLC Amid the reverberations of two U.S. banks being taken over by regulators and the spread of uncertainty to European banks, stocks trended higher last week on the...
Weekly Market Insights – March 13, 2023
Weekly Market Insights: Bad News Gives Markets A One-Two Punch Presented by Cornerstone Financial Advisory, LLC Stocks tumbled last week as investors reconsidered their interest rate expectations after Fed Chair Powell’s Congressional testimony that rates may need to...
Weekly Market Insights – March 6, 2023
Fed’s Reassurance Boosts Stocks Presented by Cornerstone Financial Advisory, LLC A late-week surge, triggered by reassuring Fed-speak, propelled stocks higher last week. The Dow Jones Industrial Average gained 1.75%, while the Standard & Poor’s 500 advanced 1.90%....