Markets Fall on Fed Worries

Markets lost ground last week for the third week in the last four, pummeled by ongoing worry about the tapering of the Fed’s stimulus programs. Uncertainty about the longevity of Fed programs has contributed to an increase in volatility lately, and we will not be surprised if that continues in coming weeks. For the week, … Read more

Stocks Stumble but Regain Footing

Troubling economic reports and fears of Fed tapering caused markets to stumble early last week, though they regained their footing later in the week, eventually ending positive. For the week, the S&P 500 gained 0.78%, the Dow gained 0.88%, and the Nasdaq gained 0.39%.[1] International stocks had a bad week; the benchmark MSCI EAFE index … Read more

The Fed and an 'Omen'

Markets ended the shortened trading week down, battered by selling pressure and volatility around possible Fed actions. For the week, the S&P 500 lost 1.14%, the Dow slid 1.23%, and the Nasdaq trimmed 0.09%.[1] Oddly enough, markets rose earlier in the week on a couple of lukewarm economic reports, which raised expectations that the Fed … Read more