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Growth Report – Monday, November 25, 2019

Growth Report – Monday, November 25, 2019

THE WEEK ON WALL STREET Stocks declined last week as mixed signals emerged about the progress of U.S.-China trade negotiations. The three major Wall Street benchmarks all took weekly losses. The Dow Jones Industrial Average declined 0.46%; the S&P 500, 0.33%; the Nasdaq Composite, 0.25%. Also pulling back, the MSCI EAFE index, tracking developed stock…

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Growth Report – Monday, November 18, 2019

Growth Report – Monday, November 18, 2019

THE WEEK ON WALL STREET Stock benchmarks were little changed for much of last week, but a rally occurred Friday after news broke that the U.S. and China could be closing in on the first phase of a new trade pact. At Friday’s close, the Dow Jones Industrial Average crossed the 28,000 level. The Dow…

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Growth Report – Monday, November 11, 2019

Growth Report – Monday, November 11, 2019

THE WEEK ON WALL STREET Domestic and international stocks rose last week. Risk appetite outweighed concerns about the state of U.S.-China trade discussions. The Dow Jones Industrial Average, Nasdaq Composite, S&P 500, and MSCI EAFE all ended the week with gains. Blue chips led the way, as the Dow added 1.22%. The Nasdaq improved 1.06%;…

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Growth Report – Monday, November 4, 2019

Growth Report – Monday, November 4, 2019

THE WEEK ON WALL STREET A better-than-forecast jobs report prompted a stock market rally Friday, two days after traders witnessed another interest rate cut by the Federal Reserve. Both the S&P 500 and Nasdaq Composite ended the week at historic peaks, while the Dow Jones Industrial Average settled less than 12 points under its all-time…

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Growth Report – Monday, October 28, 2019

Growth Report – Monday, October 28, 2019

THE WEEK ON WALL STREET The S&P 500 came within 0.1% of a record close Friday. Stocks were lifted last week by positive news on U.S.-China trade negotiations, plus earnings announcements. The Nasdaq Composite posted the largest weekly gain of the three major U.S. stock indices. It rose 1.90%. Last week also brought gains of…

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Growth Report – Monday, October 21, 2019

Growth Report – Monday, October 21, 2019

THE WEEK ON WALL STREET Earnings helped give the Nasdaq Composite and S&P 500 a slight lift last week, offsetting investor disappointment over the small scope of the preliminary U.S.-China trade deal reached on October 11. Blue chips took a small weekly loss.    The Nasdaq and S&P respectively gained 0.40% and 0.54% on the…

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Growth Report – Monday, October 7, 2019

Growth Report – Monday, October 7, 2019

THE WEEK ON WALL STREET The fourth quarter started with a mixed week for equities. A slip for an index of U.S. manufacturing activity proved to be a market mover, more so than the latest jobs report. The Dow Jones Industrial Average lost 0.92% for the week; the S&P 500, 0.33%. In contrast, the Nasdaq…

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Growth Report – Monday, September 30, 2019

Growth Report – Monday, September 30, 2019

THE WEEK ON WALL STREET Stocks retreated last week. Traders worried that the formal impeachment inquiry of President Donald Trump might distract White House officials from their pursuit of a trade deal with China and shift the focus of Congress away from consideration of the United States-Mexico-Canada Agreement (USMCA). Also, news broke Friday that the…

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Growth Report – Monday, September 23, 2019

Growth Report – Monday, September 23, 2019

THE WEEK ON WALL STREET Investors reacted to two major news items last week, one far more of a surprise than the other. The Federal Reserve did indeed make a rate cut, matching Wall Street expectations. Drone strikes on two of the world’s largest oil fields brought a shock to the global oil market.   …

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Growth Report – Monday, September 16, 2019

Growth Report – Monday, September 16, 2019

THE WEEK ON WALL STREET Stocks edged toward all-time peaks during a relatively calm week marked by easing trade tensions. Friday marked the eighth straight daily advance for the Dow Jones Industrial Average.1 Small-cap shares, as tracked by the Russell 2000 index, rose 4.85% in five days. The S&P 500 improved 0.96% for the week,…

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