U.S. STOCKS DECLINE MODESTLY, SNAPPING SIX CONSECUTIVE WEEKS OF GREEN NUMBERS The U.S. equity markets paused this week, retreating modestly after six weeks of impressive gains NASDAQ declined just 0.2%, followed by the S&P 500\’s drop of 0.3% The smaller–cap Russell 2000 and the mega–cap DJIA both declined this week too, as both indices lost …
STOCKS UP FOR SIXTH WEEK IN A ROW ON HOPES OF A CHINA TRADE DEAL COMING SOONER RATHER THAN LATER U.S. stocks reached another record high, as the major indices rose for the sixth straight week, which is the longest winning streak in two years The DJIA led the way this week by rising 1.2%, …
MARKETS HIT NEW HIGHS AS THE FED CUTS RATES AGAIN, EARNINGS GROWTH INCREASES AND A GOLDILOCKS JOBS REPORT IS RELEASED Weekly Market Performance U.S. stocks climbed to new record highs amidst a slew of positive actions and data, including the Fed cutting rates for the third time this year, another Goldilocks jobs report and …
Thrive Weekly Economic Update – November 4th, 2019 Read More »
MARKETS UP FOR THE THIRD WEEK IN A ROW AS MORE COMPANIES ARE REPORTING POSITIVE EARNINGS SURPRISES THAN EXPECTED U.S. stock markets rose for the third consecutive week, ending very close to their record highs NASDAQ led the way with a gain of 1.9%, followed by the small–cap Russell 2000’s gain of 1.5%, the S&P …
Thrive Weekly Economic Update – October 28th, 2019 Read More »
MARKETS MOSTLY UP AS EARNINGS SEASON KICKS OFF AND THE IMF AGAIN CUTS ITS GLOBAL GROWTH OUTLOOK FOR 2019 Stocks finished the week mostly higher as earnings season got off to a great start and amidst positive developments that the trade saga with China is getting closer to resolution The small–cap Russell 2000 led …
Thrive Weekly Economic Update – October 21st, 2019 Read More »
POSITIVE CHINA AND BREXIT DEVELOPMENTS AND ENCOURAGING U.S. ECONOMIC DATA FUEL U.S. AND GLOBAL MARKETS The U.S. stock markets saw more volatility throughout the week, but ended on a strong note due to positive news on the China–trade saga, Brexit and on the U.S. economy NASDAQ and the DJIA led the way with 0.9% gains, …
Thrive Weekly Economic Update – October 14th, 2019 Read More »
MARKETS MIXED AS ECONOMIC DATA IS MIXED AND THE U.S. ANNOUNCES TARIFFS AIMED AT EUROPE The markets turned in a mixed week, with the narrowly–defined DJIA, the broader S&P 500 and the smaller–cap Russell 2000 all losing ground while the tech–laden NASDAQ and fixed–income markets moved up It was a volatile week, with the equity …
Thrive Weekly Economic Update – October 8th, 2019 Read More »
OUR NJ OFFICE IS RELOCATING This week, Thrive\’s Mt. Laurel, NJ office will be relocating to Cherry Hill, NJ! We are very excited and looking forward to the opportunity to continue serving our local communities. U.S. MARKETS DOWN AS IMPEACHMENT AND CHINA WORRIES DOMINATE THE NEWS The major U.S. stock indices retreated this week, …
Thrive Weekly Economic Update – September 30th, 2019 Read More »
U.S. MARKETS DOWN AS THE FED CUTS RATES, GM STRIKES AND THE WORLD DIGESTS THE ATTACKS ON SAUDI ARABIA U.S. stocks finished slightly lower last week after three consecutive weeks of gains whereas stocks overseas pulled back significantly The DJIA fell 1% and below that 27,000–threshold, whereas the S&P 500 and NASDAQ dropped 0.5% and …
Thrive Weekly Economic Update – September 23rd, 2019 Read More »
U.S. MARKETS UP AS SMALL– AND MID–CAPS ALONG WITH TREASURY YIELDS MAKE BIG WEEKLY GAINS Weekly Market Update — September 13, 2019 The U.S. stock markets moved up for the third week in a row, but this time it was the value-names leading over their growth counterparts and the small–and mid–cap names outpacing the larger–cap …
Thrive Weekly Economic Update – September 16, 2019 Read More »