Tag Archives: unemployment

Global Stocks Hit Fresh Record Highs

Financial News and Portfolio Management Discussion through June 3rd Global stocks hit fresh record highs to end a strong week for world markets. Stock price gains were driven by corporate profits and signs of economic strength. The US, South Korea … Continue reading

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US Stocks Hit New All-time Highs

Financial News and Portfolio Management Discussion through May 6th US stocks hit new all time highs on strong corporate earnings and a positive jobs report. The S&P 500 rose 0.6% and the Dow edged up 0.3% for the week.  Internationally, … Continue reading

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GM sold Opel Unit to France’s Peugeot

Financial News and Portfolio Management Discussion through March 11th US stocks posted their first down week since January on a decline in oil prices. Oil fell below $50 to $48.49 a barrel and dropped 9.1% for the week.  The S&P … Continue reading

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Auto Sales Rose in November Driven by Black Friday Deals

Financial News and Portfolio Management Discussion through December 3rd US Stocks posted their first weekly decline since the election. The S&P 500 fell 1.0% and the Dow edged up 0.1% for the week.  Internationally, Japan ticked up 0.3% and Europe … Continue reading

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Unemployment Claims Falls to Lowest Since 1973

Financial News and Portfolio Management Discussion through November 19th US stocks continued to gain in the week following the election on positive expectations for the new administration, particularly the financial sector. The S&P 500 gained 0.8%, while the Dow ticked … Continue reading

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Unemployment Rate Ticked Down to 4.9%

Financial News and Portfolio Management Discussion through November 5th The US market’s losing streak reached 9 days, the longest since 1980, as the election weighed. The S&P 500 sank 1.9% and Dow fell 1.5% for the week.  Internationally, Japan slide … Continue reading

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August Jobs Report Missed Expectations

Financial News and Portfolio Management Discussion through September 6th Markets rose over the week as the jobs data did provide additional support for a US rate hike in September. The S&P 500 and Dow both gained 0.5% for the week.  … Continue reading

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