Submitted by RiverTree Advisors, LLC on November 18th, 2020
The Week on Wall Street
Stock benchmarks were little changed for much of last week, but a rally occurred Friday after news broke that the U.S. and China could be closing in on the first phase of a new trade pact.
Submitted by RiverTree Advisors, LLC on October 28th, 2020
Last Week on Wall Street
The S&P 500 came within 0.1% of a record close Friday. Stocks were lifted last week by positive news on U.S.-China trade negotiations, plus positive U.S. corporate earnings announcements.
Submitted by RiverTree Advisors, LLC on September 23rd, 2019
The Week on Wall Street
Investors reacted to two major news items last week, one far more of a surprise than the other. The Federal Reserve did indeed make a rate cut, matching Wall Street expectations. Drone strikes on two of the world's largest oil fields brought a shock to the global oil market.
Submitted by RiverTree Advisors, LLC on August 26th, 2019
The Week on Wall Street
Traders assumed that the week's biggest news event would be Federal Reserve Chairman Jerome Powell's speech at the annual Jackson Hole banking conference. Instead, China seized the headlines by announcing new tariffs on U.S. goods.
Submitted by RiverTree Advisors, LLC on July 29th, 2019
The Week on Wall Street
Last week, investors assessed earnings and the initial estimate of second-quarter economic growth, while awaiting the Federal Reserve's next announcement about interest rates.
Submitted by RiverTree Advisors, LLC on June 24th, 2019
The Week on Wall Street
The S&P 500 hit an all-time peak of 2,964.03, in intraday trading Friday, while improving 2.20% across five market days. The Dow Jones Industrial Average also gained 2.41%. In addition, International Stocks rose 2.58% and the U.S. Aggregate Bond Index grew by 0.44%.
Submitted by RiverTree Advisors, LLC on May 28th, 2019
The Week on Wall Street
Stocks drifted lower last week as investors considered the possibility that the world's two largest economies might take some time to resolve key trade issues.
Submitted by RiverTree Advisors, LLC on April 29th, 2019
Stocks returned to record territory, with both the S&P 500 and the Nasdaq Composite closing at historic highs. The S&P gained 1.20% for the week and the Dow Jones Industrial Average lagged, losing 0.06%. International Stocks also gave back 0.52% while the U.S. Aggregate Bond Index increased by 0.38%.
Submitted by RiverTree Advisors, LLC on April 1st, 2019
The Week on Wall Street
Stocks ended last week higher as volatility slowed, completing their best quarter since 2009. A Friday tweet from Treasury Secretary Steven Mnuchin encouraged investors, referring to "constructive" discussions in the ongoing U.S.-China trade negotiations.
Submitted by RiverTree Advisors, LLC on February 25th, 2019
Stocks rallied last week as optimism about a potential U.S.-China trade deal grew. The S&P 500 advanced 0.80% during the 4-day trading week to 2,792.67. The Nasdaq Composite improved 0.86% to 7,527.54, and the Dow Jones Industrial Average gained 0.64% to 26,031.81. The U.S. Aggregate Bond index inched up 0.11%.
