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Forefront’s Market Notes: February 12th, 2024 ­ The stock market experienced solid gains last week, concluding the trading week on a positive note, thanks to robust corporate reports and favorable inflation news; this propelled the S&P 500 Index to achieve a new record high at the end of the week. ­ S&P Tops 5,000 At...
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Forefront’s Market Notes: February 5th, 2024 ­ Stocks pushed higher last week as investors cheered mega-cap tech corporate reports and a better-than-expected employment report. Stocks at New Highs At the beginning of the week, stocks surged, anticipating fourth-quarter corporate updates from tech companies and the Federal Reserve’s two-day policy meeting; this led to the S&P...
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Forefront’s Market Notes: January 29, 2024 ­ Stocks continued their upward climb last week as excitement around big tech continued; positive economic reports stoked investors’ belief that the Federal Reserve has pulled off a soft landing. Stocks Power Ahead Big tech was back last week, pushing the Dow and the S&P 500 to new highs...
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Forefront’s Market Notes: January 22, 2024 ­ Stocks finished higher last week, with big tech again leading amid lingering uncertainty over how continued economic strength would influence the Fed’s rate decision. Stocks Dip, Then Rally  Stock prices dropped early in the week before rising to new highs as the week ended. The four-day trading week...
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Forefront’s Friday Facts 2023 IRA Deadlines Are ApproachingWhat You Need to Know      Financially, many of us associate the spring with taxes—but we should also associate December with important Individual Retirement Account (IRA) deadlines. This year, like 2024, will see a few changes and distinctions.   Remember, this article is for informational purposes only....
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Forefront’s Market Notes: January 16th, 2024   Stocks pushed higher last week, led by big tech names and boosted by December inflation reports that were mixed but positive enough to shore up investor confidence in Fed rate cuts this year. ­ Stocks Rock and Roll It was a rocky week that ended on a high...
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Forefront’s Market Notes: January 8th, 2024   Stocks retreated in the first trading week of 2024, struggling a bit after a celebratory end to last year as investors second-guessed Fed signals and fretted over lingering inflation concerns.   New Year Blues Stocks got off to a rough first week of the new year, with tech...
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Forefront’s Friday Facts A look back at 2023   The year in brief. Interest rates were the chief concern in 2023 as market watchers watched closely how the Federal Reserve and Chairman Jerome Powell balanced concerns over inflation with worries over the economy’s resilience. Despite numerous headwinds from elevated inflation, geopolitical conflicts, banking troubles, and a...
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Forefront’s Market Notes: January 2nd, 2024   Stocks posted a slight gain last week amid a shortage of news and light holiday trading. The Dow Jones Industrial Average gained 0.76%, while the Standard & Poor’s 500 added 0.49%. The Nasdaq Composite index advanced 0.32% for the week. The MSCI EAFE index, which tracks developed overseas...
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Forefront’s Market Notes: December 26th, 2023 ­ Investor optimism and fears of missing out on future gains propelled stocks higher in the last full week of trading before year-end. The Dow Jones Industrial Average added 0.22%, while the Standard & Poor’s 500 gained 0.75%. The Nasdaq Composite index advanced 1.21% for the week. The MSCI...
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