The U.S. stock market reached a few more milestones at the end of last week. For the first time ever, the S&P 500 closed above the 3,000 level and the Dow Jones Industrial Average closed above 27,000 after dovish comments from the Federal Reserve lifted prices higher.Read More ›
This weekly report presents insights from our Global Investment Management team. As Jerome Powell heads to Capitol Hill for a two-day report out, it’s more tense than usual for the Fed Chairman as he faces an onslaught of quips from Congress. The strong jobs report has some scratching their heads, as if they almost wanted […]Read More ›
After all the excitement surrounding the trade meeting between U.S. President Donald Trump and Chinese President Xi Jinping over the weekend, the outcome seems to have fallen flat for investors.
On Friday, ahead of the summit, the S&P 500 leapt higher before paring gains on Monday as investors realized no long-term solution had been reached. However, some positives did result from the conversation between the two heads of state.Read More ›
The most recent rally in stocks seems to be stalling as tensions escalate between the U.S. and Iran, and as investors hold their collective breath in anticipation of President Trump’s meeting with Chinese President Xi Jinping this weekend.Read More ›