Indices closed well into red territory on Monday with both the S&P 500 Index and Dow Jones Industrial Average declining more than 4%. Oil also slipped 1.9% to settle at $64.24 a barrel. Meanwhile, services industry activity increased in January as the ISM non-manufacturing index jumped to 59.9 from 56 in December.
Indices closed in the red zone on Monday, as the Utilities and Energy sectors lagged on the S&P 500. The slip continued Tuesday with the major indices closing the session in red territory. Energy brands dipped on a slip in crude oil prices. Midweek, the indices rebounded up off back-to-back downswings with stocks stepping up on a variety of economic news.
The Henssler Research Analysts take a look at the last economic reports for the month of January 2018, including economic trends, and the health of the consumer. They also take a look at whatm 2018 holds with tax reform, actions the Fed might take, and where the markets might go. hensslervideo_personal_finance
For the week, favorable corporate earnings reports and a 2.6% annual rate of growth for the fourth-quarter GDP helped buoy investors’ confidence in equities. The market kicked off the week with indices again closing in new record territory on Monday. Stocks stepped up as the Senate arrived at a deal to resume full government activity.
With the markets closed Monday for Martin Luther King Jr. Day, they made up during the rest of the week with plenty of action and new all-time highs. Indices landed slightly to the red side on Tuesday. The Dow Jones Industrial Average jumped above 26,000 for the first time before retreating for the session. Energy brands declined amid a dip in oil prices.
Most investors want to know what is driving the economy—where are we and where are we going? And, most importantly, what does this mean for the investor? While there are many moving parts to an economy, some of the catalysts that are affecting today’s economy include the Federal Reserve’s monetary policy, the U.S. government shutdown,…
Roughly 1.2 million baby boomers will retire this year. And next year. And the year after that, and so on. We take a look at what that may mean for our economy in this week’s Financial Tip.
The S&P 500 Index and NASDAQ composite kicked off the week closing at new record highs on Monday, while the Dow Jones Industrial Average closed fractionally lower for the session. The market moves were mixed on light economic news. From a sector perspective, the Utilities, Energy, and Basic Materials were among the advancers while the Healthcare and Financial sectors lost ground.
The Henssler Research Analysts take a look at the last economic reports for 2017 and the news for January 2018, including the housing market, economic trends, and the health of the consumer. They also take a look at what 2018 holds with tax reform, actions the Fed might take, and where the markets might go.…
The major indices kicked off 2018 landing in the green zone on Tuesday. The S&P 500 Index and NASDAQ closed at new record highs while the Dow Jones Industrial Average inched up 0.4%. Indices closed well into green territory on Wednesday, as Technology stocks led the Dow, S&P 500 and NASDAQ to new all-time record levels.
