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...
by Gaynes Financial | Apr 15, 2023 | Uncategorized
Hiring Cools; Recession Fears Rise | Financial Planner Atlanta Ga Stocks ended a shortened week of trading mixed amid revived recession fears on Wall Street triggered by weak economic data. The Dow Jones Industrial Average gained 0.63%, while the Standard & Poor’s...
by Gaynes Financial | Mar 24, 2023 | Uncategorized
Markets Cautious After Banking Woes; Awaiting Fed Reaction | Financial Planner Atlanta Ga Amid the reverberations of two U.S. banks being taken over by regulators and the spread of uncertainty to European banks, stocks trended higher last week on the strength of the...
by Gaynes Financial | Mar 14, 2023 | Uncategorized
Financial markets were shaken last week as Silicon Valley Bank (SVB), the California bank subsidiary of SVB Financial Group (SIVB), fell into FDIC receivership. SVB is the first FDIC-insured institution to fail since 2020 and the largest by assets since Washington...
by Gaynes Financial | Feb 17, 2023 | Uncategorized
Mixed Feelings and Mixed Earnings | Financial Planner Atlanta Ga Stocks drifted lower as a week of mixed earnings reports and resurgent worries over Fed monetary policy dragged on investor sentiment. The Dow Jones Industrial Average slipped 0.17%, while the Standard...
by Gaynes Financial | Feb 4, 2023 | Uncategorized
Financial Planner Atlanta Ga Stocks added to their early 2023 gains amid a busy stream of mixed corporate earnings results and conflicting economic data. The Dow Jones Industrial Average gained 1.81%, while the Standard & Poor’s 500 added 2.47%. The Nasdaq...
by Gaynes Financial | Jan 27, 2023 | Uncategorized
Mixed Results Following Weak Economic Data | Financial Planner Atlanta Ga Stocks showed mixed results last week as recession fears resurfaced in response to weak economic data and a tepid start to a new corporate earnings season. The Dow Jones Industrial Average...
Despite Stall, Debt Deal Optimism Cheers Markets | Financial Planner Atlanta Ga
Attention Turns to the Debt Ceiling | Financial Planner Atlanta Ga
Stocks Rally As Attention Shifts to Fed’s May Meeting | Financial Planner Atlanta Ga
Hiring Cools; Recession Fears Rise | Financial Planner Atlanta Ga
