Weekly Market Overview: April 15 – April 19
The S&P 500 drops 3% amid mixed earnings and Middle East tensions. Read the full weekly market overview here.
The S&P 500 drops 3% amid mixed earnings and Middle East tensions. Read the full weekly market overview here.
By alex
As winter gives way to spring, many physicians are finding themselves in the familiar position of preparing their tax returns in advance of the April filing deadline. Compounding the stress is the complex tax code. Doctors tend to be among the busiest of professionals, making it a challenge to keep up with all the rules … Continued
This week holds the July FOMC Meeting. Market participants anticipate that the FOMC will raise the Fed Funds rate one more time to the 525-550 basis point level. As it stands today, the CME Group projects the greater probability that this will serve as the peak in the Fed Funds rate.
The S&P 500 rose 1.7% to a new record close as stronger-than-expected quarterly results from Walmart and NVIDIA boosted investor sentiment.
The S&P 500 index edged down 0.1% this week as investors digested higher-than-expected inflation readings for February.
Headline from NPR: “JPMorgan Chase buys troubled First Republic Bank after U.S. government takeover”.
Last week, the Major Markets saw gains follow the largest sell-off for the S&P 500 in over a year.