Weekly Market Wrap Up, December 2-6, 2013

Weekly Information Center Market Insight Economic indicators continue to progress as the Bureau of Labor Statistics reports an improvement in the economy’s unemployment rate to 7.0%, down from a previous reading of 7.3%. Among the continuing economic development of the nation, initial claims has seen a steady decrease from previous quarters, declining to 298k, from […]

Weekly Market Wrap Up, November 18-22, 2013

Weekly Information Center Market Insight Federal Reserve officials began discussion on ways to exit or slow down the asset purchase program in 2014, leading the markets to gain short-term ground following the release of the FOMC meeting minutes. Despite the potential scale back of the quantitative easing program, the Federal Reserve emphasized that it will […]

Weekly Market Wrap Up, November 15, 2013

Weekly Information Center   Market Insight The Dow Jones Industrial Average and the S&P 500 hit new highs on Friday, marking a sixth consecutive week of gains ending on 15,961.70 and 1,798.18 respectively. Furthermore, the S&P 500 Information Technology sector has shown robust growth, with returns of 48.33% year-to-date and 54.27% year-over-year. Additionally, the strong […]

Weekly Market Wrap Up, October 18, 2013

Weekly Information Center Market Insight Markets rallied sharply following the deal to reopen the government and extend the debt-ceiling, leading the S&P 500 to set a new all-time high. The 16-day shutdown; however, has delayed the release of several economic indicators, which will be reported in the coming weeks. Nevertheless, current data suggests that the […]

Global Markets end the week higher ahead of soft U.S economic data and the Fed’s policy meeting this week.

Despite a lower-than-expected consumer confidence and retails sales reports, U.S stocks closed higher on Friday with the Dow posting its second best weekly gain this year and the S&P on track for its biggest weekly gain in two months. Although equities have recovered much ground from the August selloff, the yield of the benchmark U.S […]

Weekly Market Wrap Up, April 26, 2013

Equity Spotlight: Apple (NASDAQ: AAPL) Apple’s continuous stock price depreciation has shareholder’s contemplating about where the stock price could “bottom out.” An onslaught of fundamental data coming from suppliers and consumers signal that further downward pressure could appear for the equity. Apple issued 2013 fiscal 3Q gross margin guidance of 36% to 37% below its […]