Markets lost ground last week, giving in to nerves about Greece and some early second-quarter earnings reports. For the week, the S&P 500 dropped 0.40%, the Dow fell 0.37%, and the NASDAQ lost 0.71%. Crumbling Greek debt talks were in focus again last week as the deadline toward the June 30 expiration of Athens’ bailout … Read more
Last week, markets shrugged off concerns about deadlocked Greek negotiations and rallied on strong economic data, sending the NASDAQ to a new historic high. For the week, the S&P 500 grew 0.76%, the Dow rose 0.64%, and the NASDAQ gained 1.30%. The Federal Reserve wrapped up its June meeting on Wednesday surprising no one with … Read more
Markets ended last week mixed, falling on Friday as concerns about the debt impasse in Greece outweighed upbeat domestic data. For the week, the S&P 500 gained 0.06%, the Dow grew 0.28%, and the NASDAQ fell 0.34%. So, what’s going on in Greece? For weeks, Greek leaders have been deadlocked in negotiations with creditors over … Read more
Markets ended lower last week as investors balanced an optimistic jobs report against renewed concerns about a Greek debt default. For the week, the S&P 500 lost 0.69%, the Dow fell 0.90%, and the NASDAQ slid 0.03%. On Friday, we got a look at how the labor market did in May. After jobs growth stuttered … Read more
Our founder Mike Mott reviews the state of our economy in the month of May 2015.
U.S. markets ended the week on a down note as investors struggled with weak economic data and concerns about Greek debt negotiations. However, markets were able to end the month of May in the black. For the week, the S&P 500 lost 0.88%, the Dow dropped 1.34%, and the NASDAQ fell 0.38%. On Friday, we … Read more