Unify Financial Advisors Weekly Market Update
Stocks traded lower most of the week, but sentiment shifted on Friday following the U.S. Supreme Court ruling against President Trump’s tariffs. The S&P 500 closed above 6,900, the Dow Jones Industrial Average topped 49,600, and the NASDAQ Composite ended a five-week losing streak. Several sectors posted solid weekly gains, led by industrials, communication services, and utilities.
Economic data reflected moderate growth. Fourth-quarter GDP expanded at a 1.4% annualized pace, down from 4.4% in the third quarter, as consumer spending cooled. Inflation remained firm, with consumer prices rising 0.4% in December and 2.9% over the past 12 months, according to the Bureau of Economic Analysis.
Weekly Outlook
Investors will focus on consumer confidence and the Producer Price Index (PPI) releases. With producer prices up 3.0% over the past year, markets will be watching for signs of easing or persistent inflation that could shape Federal Reserve expectations. Earnings headliners this week include $NVDA, $DELL, and $CRM. All three stocks are well off their highs set last year and need solid earnings reports to get investors back on track.
Please read the full Market Week report for details on last week’s market and economic trends.
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Regards,
David Bennett