by Gaynes Financial | Jun 24, 2023 | Uncategorized
Stocks climbed last week as reassuring inflation data boosted investor hopes that the rate-hike cycle was nearing an end amid fresh economic data pointing to continued economic resilience. The Dow Jones Industrial Average rose 1.25%, while the Standard & Poor’s...
by Gaynes Financial | Jun 20, 2023 | Uncategorized
Markets March into Positive Territory Continues | Financial Planner Atlanta Ga A late-week rally sent stocks into positive territory, with the S&P 500 index closing just shy of the 4,300 mark. The Dow Jones Industrial Average gained 0.34%, while the Standard &...
by Gaynes Financial | Jun 10, 2023 | Uncategorized
Debt Deal Relieves Market Worries | Financial Planner Atlanta Ga Stocks surged higher in the closing days of a holiday-shortened trading week, ignited by a political resolution on raising the debt ceiling and a strong employment report. The Dow Jones Industrial...
by Gaynes Financial | Jun 3, 2023 | Uncategorized
Debt Talks Optimism Keeps Eyes on D.C. | Financial Planner Atlanta Ga Markets moved in sync last week with perceived movement in debt ceiling talks, weakening early in the week and then surging on news of progress. A solid quarterly report and guidance from a mega-cap...
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...