Financial News and Portfolio Management Discussion through September 2nd
US stocks rose on a news heavy week driven by positive economic and corporate news and despite Hurricane Harvey and tensions with North Korea. The S&P 500 rose 1.4% and the Dow gained 0.8% for the week. The Nasdaq had its best week of the year gaining 2.7%. Internationally, Europe gained 0.6% and Japan increased 1.2% for the week. The yield on the 10 year Treasury bond was flat ending the week at 2.16%. Gas prices jumped 13% over the week, the largest surge in over 5 years, as a result of Harvey. Gold also jumped gaining 2.5% over the week to finish at $1,324.50 an ounce.
In this episode of the Lead. Learn. Thrive. Podcast, Nate Solloway, Systems Engineer/Outsourced IT Manager at Raffa and Martin Nash, Senior Vice President and Director of Information Security at EagleBank, discuss cyber security in the cloud from multiple perspectives. These include (but are not limited to) the cloud’s definition, its positive components, as well as potential risks it poses.
By Marisa Mancini, Raffa Technology
Technology is always changing, always evolving. But many organizations struggle to keep up, preferring to use outdated systems that do not fully serve their needs. Information Technology (IT) staff are often hesitant to venture beyond the familiar and find themselves unable or unwilling to explore the always-expanding world of technology for solutions that more effectively and efficiently meet the organization’s driving mission. Do not let your organization get stuck in the past – a CIO may be able to help!
Financial News and Portfolio Management Discussion through August 26th
US stocks rose for the first time in three weeks on advances across a board swath of sectors. The S&P 500 gained 0.7% and the Dow rose 0.6% for the week. Internationally, Europe was flat and Japan posted its sixth straight weekly decline edging down 0.1%. The yield on the 10 year Treasury ended the week at 2.17% down slightly from the previous week.
Financial News and Portfolio Management Discussion through August 19th
US stocks ended the week down on political turmoil, weak corporate earnings and terrorist attacks. The S&P 500 was down 0.7% and Dow fell 0.8% for the week. Abroad, Europe rose 0.6% and Japan sank 1.3% for the week. The yield on the 10 year Treasury was flat for the week ending at 2.20%. Continue reading
By John-Anthony Meza, Senior Director Human Resources & Office
Employees who come from a wide variety of backgrounds help us serve our clients better.
Financial News and Portfolio Management Discussion through August 12th
US stocks posted their worst week since May on weak earnings from retailers and North Korea tensions. The S&P 500 fell 1.4% and the Dow dropped 1.1% for the week. Abroad, Japan eased 1.1% and Europe sank 2.7% for the week. The yield on the 10 year Treasury fell as investors moved to safe havens ending the week at 2.19%, its lowest level since June. The VIX hit the highest level of the year during the week.