by lindapowell | Aug 14, 2017 | Articles, In The News
The meaning behind some of that Wall Street lingo. Have you ever been confused by the jargon used on Wall Street? Perhaps it is time to translate some of those esoteric stock market terms into plain English. Blue chips: This term refers to stocks that have a...
by lindapowell | Aug 8, 2017 | Articles, Economic Updates
August 2017 THE MONTH IN BRIEF The Dow Jones Industrial Average gained 2.54% in July as earnings announcements and fundamental indicators provided a lift for the blue chips and other stock market indices. Hiring and manufacturing data was particularly reassuring....
by lindapowell | Jul 10, 2017 | Articles, Economic Updates
July 2017 THE MONTH IN BRIEF June brought some definite headwinds to Wall Street, but the broad stock market still advanced. The S&P 500 added 0.48% across the month, even with tech shares selling off. As anticipated, the Federal Reserve raised the federal...
by lindapowell | Jun 6, 2017 | Articles, Economic Updates
June 2017 THE MONTH IN BRIEF May was another good month for stocks. The S&P 500 gained more than 1%, putting its YTD advance above 7.7%. While the housing market showed some spring weakness, hiring bounced back and most other important economic indicators...