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Last week, the major markets rebounded after a 3 week decline, driven by strong gains in IT and positive earnings reports from over 800 companies.

Headline from NPR: “JPMorgan Chase buys troubled First Republic Bank after U.S. government takeover”.

Market Commentary by Larson COO Mitchell Wood The Major Markets sprung to life last week with gains across all five indices, despite the seemingly ever-present volatility related to banking confidence. The week began with the news that UBS completed the acquisition of the troubled Credit Suisse through a deal constructed by the Swiss government. This … Continued

The Major Markets navigated a tumultuous week last week with mixed results. The Nasdaq was the standout performer as it added 4.41 percent followed distantly by the S&P 500 which managed to add 1.43 percent. The remaining three indices ended negative as the world once again became fixated on a banking crisis. The fall of … Continued