Financial Services Since 1991

Archive for March 2018

Stocks Drop as Tariffs Rise

Weekly Update – March 26, 2018 Markets experienced significant declines last week. The S&P 500 lost 5.95%, the Dow dropped 5.66%, and the NASDAQ declined 6.54%. [1] With these losses, all 3 domestic indexes had their worst weekly performance in more than 2 years. [2] International stocks also declined, with the MSCI EAFE giving back 2.64% .[3] What caused markets to stumble…

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A Look Back

Weekly Update – March 19, 2018 Markets were up on Friday, but domestic stocks lost ground for the week as political turmoil and potential trade wars weighed on investors’ minds.[1] The S&P 500 dropped 1.24%, the Dow gave back 1.54%, and the NASDAQ decreased 1.04%.[2] International stocks in the MSCI EAFE barely avoided losses with a 0.13% gain. [3]…

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Goldilocks Returns

WEEKLY UPDATE – March 12, 2018 Domestic stocks leapt ahead last week as the latest jobs report inspired renewed confidence in our economic standing. The S&P 500 added 3.54%, and the Dow gained 3.25%. [1] The NASDAQ erased its losses from February’s market correction to hit a new record close while growing 4.17% for the week. [2]International stocks in…

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Volatile Markets Continue

WEEKLY UPDATE – March 5, 2018 Volatility continued last week as markets posted their 1st weekly loss in 3 weeks. [1] Despite some recovery on Friday, the S&P 500 dropped 2.04%, the NASDAQ slipped 1.12%, and the Dow lost 3.05% for the week.[2] Internationally, the MSCI EAFE fell 2.91%.[3] Last week’s ups and downs began with continued questions over whether the…

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Stocks Rebound

WEEKLY UPDATE – February 20, 2018 Markets rebounded last week, posting sizable gains and moving back into positive territory for the year. All three domestic indexes experienced their largest weekly growth in years, despite losing some ground on Friday after news of additional indictments in the Russia investigation. [1] By markets’ close on February 16, the S&P 500…

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