by Gaynes Financial | May 26, 2023 | Uncategorized
Stocks rallied last week, propelled by growing optimism over reaching a deal on raising the debt ceiling and avoiding a technical debt default by the U.S. The Dow Jones Industrial Average edged 0.38% higher, while the Standard & Poor’s 500 gained 1.65%. The Nasdaq...
by Gaynes Financial | May 20, 2023 | Uncategorized
Attention Turns to the Debt Ceiling | Financial Planner Atlanta Ga Stocks were mixed last week as good inflation news was offset by mounting debt ceiling concerns and rekindled regional banking fears. The Dow Jones Industrial Average lost 1.11%, while the Standard...
by Gaynes Financial | May 15, 2023 | Uncategorized
Friday Rally Trims Losses; CPI Report Next Week | Financial Planner Atlanta Ga A Friday rebound, triggered by a big tech company’s earnings beat and a strong jobs report, shaved much of the week’s accumulated losses. The Dow Jones Industrial Average fell 1.24%, while...
by Gaynes Financial | May 5, 2023 | Uncategorized
Stocks Rally As Attention Shifts to Fed’s May Meeting | Financial Planner Atlanta Ga Strong earnings from several mega-cap technology companies offset renewed regional banking jitters and weak economic data, leaving stocks higher for the week. The Dow Jones...