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December 2, 2024
Weekly Market Commentary
With markets closed on Thursday for the holiday and an early closure on Friday, the market still demonstrated positive momentum across the major indices:
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Parkstone Financial
November 25, 2024
Weekly Market Commentary
Markets retreated last week as investors reassessed potential tariff implications as well as concerns around inflation reaccelerating.
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Parkstone Financial
November 18, 2024
Weekly Market Commentary
Markets retreated last week as investors reassessed potential tariff implications as well as concerns around inflation reaccelerating.
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Parkstone Financial
November 11, 2024
Weekly Market Commentary
Following the highly anticipated U.S. election and rate cut decision by the Fed, last week saw equity market’s rally after the election of Donald Trump as the 47th president of the United States.
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Parkstone Financial
November 4, 2024
Weekly Market Commentary
With this past week being the last full week before investors go to the election polls, labor market numbers and inflation were the focus as markets struggled to overcome a surprise in payroll numbers.
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Parkstone Financial
October 28, 2024
Weekly Market Commentary
The major indices exhibited mixed performance for the week ending October 25, 2024.
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Parkstone Financial
October 21, 2024
Weekly Market Commentary
As quarterly earnings come to an end, all major indices ended the week in positive territory, as small caps led with the Russell 2000 ending the week up 1.87%, leading to signs that small cap stocks are continuing their third quarter turnaround this year.
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Parkstone Financial
October 14, 2024
Weekly Market Commentary
With all major indices posting positive results, the S&P 500 also ended at a fresh all-time high, closing above 5,800 for the first time. Meanwhile, the Nasdaq is now approximately 1.6% below its July 10 record close.
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Parkstone Financial
October 7, 2024
Weekly Market Commentary
The financial markets continue to adjust their views on interest rates and inflation, with all major indices posting positive results, and the 10-Year Treasury rising 18 basis points (bps).
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Weekly Market Commentary
The market extended its gains, with the S&P 500 and Nasdaq reaching new all-time highs after a solid week of economic data that boosted confidence that the economy remains on strong footing, and is not running too hot to deter the Federal Reserve (Fed) from lowering its rate in December.
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Parkstone Financial