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The Fiduciary Advisor Report – Monday, January 6, 2020

The Fiduciary Advisor Report – Monday, January 6, 2020

THE WEEK ON WALL STREET The market had a choppy five days, with traders reacting to geopolitical developments and weaker-than-expected jobs data. Even so, the three major U.S. equity indices posted weekly gains and continued their strong start to the new year. During Friday’s trading session, the Dow Jones Industrial Average topped 29,000 for the…

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The Fiduciary Advisor Report – Monday, January 6, 2020

The Fiduciary Advisor Report – Monday, January 6, 2020

THE WEEK ON WALL STREET Stocks descended from record highs Friday, as traders reacted to a U.S. drone strike that killed Iran’s top military officer. Oil prices rose more than 3% following the breaking news.1 Wall Street benchmarks ended up having a sideways week, shortened by the New Year’s Day holiday. The Dow Jones Industrial…

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The Fiduciary Advisor Report – Monday, December 23, 2019

The Fiduciary Advisor Report – Monday, December 23, 2019

THE WEEK ON WALL STREET The U.S. and China announced a limited trade agreement last week. That news lifted U.S. and foreign stocks, leading to weekly gains. Advancing 0.91% on the week, the Nasdaq Composite outperformed the S&P 500 (up 0.73%) and Dow Jones Industrial Average (up 0.43%). The MSCI EAFE index, measuring the performance…

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The Fiduciary Advisor Report – Monday, December 16, 2019

The Fiduciary Advisor Report – Monday, December 16, 2019

THE WEEK ON WALL STREET The U.S. and China announced a limited trade agreement last week. That news lifted U.S. and foreign stocks, leading to weekly gains. Advancing 0.91% on the week, the Nasdaq Composite outperformed the S&P 500 (up 0.73%) and Dow Jones Industrial Average (up 0.43%). The MSCI EAFE index, measuring the performance…

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The Fiduciary Report – Monday, December 9, 2019

The Fiduciary Report – Monday, December 9, 2019

THE WEEK ON WALL STREET Key Wall Street benchmarks were up and down last week – or rather down and then up. A Tuesday retreat was offset by a Friday rally spurred by the Department of Labor’s November jobs report. While the S&P 500 managed to rise 0.16% for the week, the Dow Jones Industrial…

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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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