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Forefront’s Market Notes: May 20th, 2024 ­ Stocks notched a solid gain last week in a mega-cap, tech-led rally bolstered by positive inflation news.   Dow 40,000 The week began quietly as market averages traded in a tight range, awaiting fresh inflation news. On Tuesday, markets rose steadily throughout the day after digesting a mixed...
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Forefront’s Market Notes: May 13th, 2024 ­ Stocks notched a solid gain last week as rate-cut expectations paced the rally as the Q1 earnings season wound down. ­ Stocks Climb Steadily Monday opened with stocks picking up where they left off the prior Friday. Stocks were still basking in the afterglow of fresh jobs data,...
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Forefront’s Market Notes: May 6th, 2024 ­ Stocks notched a solid gain last week, rallying behind upbeat earnings, a dovish Fed, and mixed economic data. ­ Stocks Pop, Drop, Then Rally Markets began the week with an upward bump as positive news from some mega-cap tech companies outweighed disappointing updates from other tech names. The tone...
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Forefront’s Market Notes: April 29th, 2024 ­ Stocks staged a choppy comeback last week as investors cheered positive earnings, led by mega-cap tech stocks. The rally came to pass despite fresh data showing a slowing economy and increasing inflationary pressures. ­ Stocks Bounce Back. Twice. Last week opened with a rebound rally as investors breathed a...
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Forefront’s Market Notes: April 22nd, 2024 ­ Stocks fell for a third straight week, as Fed Chair Jerome Powell’s mixed but upbeat message could not offset the anxiety caused by the Middle East conflict. ­ Stocks Retreat Markets began the week rattled by further escalation in the Middle East over the weekend. A bit of good...
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Forefront’s Market Notes: April 15th, 2024 ­ Stocks fell last week as investors sorted through conflicting inflation reports and assessed geopolitical tensions. ­ Inflation Spooks Markets On Wednesday, the March Consumer Price Index (CPI) report rattled markets, revealing that inflation accelerated slightly more than expected. Bond yields rose, and stocks retreated in response, as investors...
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Forefront’s Market Notes: April 8th, 2024 Stocks dropped last week as investors focused on “what’s next” for interest rates after mixed comments from multiple Fed officials. ­ Fed Officials Weigh In Stocks struggled out of the gate again last week, ending Monday and Tuesday in the red on concerns that recent economic data could derail...
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Forefront’s Market Notes: April 1st, 2024 Stocks were narrowly higher for the week as investors digested mixed economic news about consumer confidence. All three of the major averages posted gains for Q1 2024. ­ Stocks Finish Strong Markets slipped for the first half of the four-day week as investors took a breather after the prior...
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Forefront’s Market Notes: March 25th, 2024 Stocks posted their best week of the year, sparked by news that the dovish Fed decided to keep rates steady and signaled three rate cuts were still possible this year. ­ Stocks Bounce Back As widely expected, the Fed left rates unchanged at the conclusion of its two-day meeting....
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Forefront’s Market Notes: March 18th, 2024 Stocks fell for the second straight week on inflation concerns despite a report on consumer prices that was initially well received by investors. Stocks Slide Tuesday was the only bright spot during the week as stock prices rose after the Labor Department report showed the Consumer Price Index rose...
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