Markets Higher Despite Mixed News

Investors enjoyed another positive week as major U.S. indices hit multi-year highs. The S&P 500 closed above the 1500 level for the first time since December 10, 2007, climbing 2.1%. The Dow rose 2.2%, and the Nasdaq gained 0.77%.[1] Despite a mixed earnings picture, consumer discretionary stocks saw general strength, and investors remained bullish.[2] In … Read more

Resilient Markets, Indecisive Politicians

Markets closed out another positive week, shrugging off lackluster consumer confidence and moderate earnings reports to hover around multi-year highs. For the week, the S&P 500 gained 0.95%, the Dow gained 1.2%, and the Nasdaq gained 0.29%.[1] In Washington, Congressional Republicans backed off from a debt showdown against a resolute President Obama that could have … Read more

S&P 500 at 5-Year High

Markets were upbeat last week, closing positive for the second week in a row as traders digested the first fourth-quarter earnings reports and fresh economic data. The S&P 500 was pushed to a new five-year high, gaining 0.38%, while the Dow rose 0.4%, and the Nasdaq increased 0.77%.[1] The debt ceiling debate is already in … Read more

And We're Off…

Markets finished the first week of 2013 with a bang, upbeat over resolution surrounding fiscal cliff talks. The S&P 500 closed up 4.6% for the week, hitting a high of 1,466 on Friday; a level not seen since December 2007. The other indices also closed up, with the Dow gaining 3.8% and the Nasdaq climbing … Read more