The Markets Our favorite stock index, the venerable Standard and Poor’s 500 (SPX) turned in a respectable gain for the week ending May 11, gaining 2.41 percent to end at the memorable number of 2727.72, demonstrating an economy in numeric usage that is almost elegant. More valuable was the fact that it is now […]
Economy shows historic 91 straight months of employment expansion
The Markets Despite, or maybe, because of the good economic and earnings news during the week, the S&P 500 Index (SPX) declined another 0.24 percent to close 2663.42.
Bureau of Economic Analysis reports economy grew 2.3% in first quarter 2018
The Markets Our dearly beloved S&P 500 Stock Index (SPX) closed out the week with a decline of 0.01 percent ending at 2669.91, which was essentially no movement.
S&P 500 up despite bad Friday
The Markets Despite Friday’s about 1 percent drop in the broad market, the S&P 500 Stock Index (SPX) closed out the week up 0.52 percent for the week at 2670.14.
Index up 1.66% for week
The Markets The U.S. stock market, represented by the S&P 500 Stock Index (SPX), turned in a respectable 1.99 percent gain for the week, closing at 2656.30. That still leaves it down 0.65 percent year-to-date, but up an impressive 14.06 percent from this time last year. Early in the week and again on Friday the […]
Market drops 5.95% in one week
The Markets The U.S. stock market, as represented by the S&P 500 Stock Index (SPX) closed out the week at 2588.26, marking the worst weekly decline since January 2016, down 5.95 percent for the week. From its high on January 26, the SPX is now down 9.91 percent, putting it within less than a tenth […]
Stock market down 1.24% for week
The Markets The S&P 500 Stock Index closed out the week at 2572.01, down 1.24% from last week. It remains up 2.93% year-to-date, on track toward another double-digit year despite the week’s less than stellar performance. The big “if” and the reason for the weekly decline remains the fear of a global trade war following the […]
S&P 500 comes back with a roar
The Markets The S&P 500 Stock Index (SPX) came back with a roar as the index rose to close at 2786.57, up 3.54% for the week.
S&P 500 index down 6.4% from high mark
The Markets The S&P 500 Stock Index (“SPX”), our preferred proxy for the U.S. stock market, closed out the week at 2691.25, down 2.4 percent for the week, and down about 6.4 percent from its recent high mark near the end of last month.
Money supply is blood supply of economy
The Markets The venerable S&P 500 Stock Index ended the week with a small but productive gain of 0.55 percent. The market bobbed around a bit but held its ground for the week following its 10 percent decline early in the month and then its recovery of about half that value by mid-month. It remains […]