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Unify Financial Advisors Weekly Market Update
Wall Street enjoyed solid gains this past week, buoyed by encouraging signs of progress in the U.S.-China trade dispute and strong first-quarter earnings reports. All major indexes were positive, with the S&P 500 gaining 4.59%. Of the 180 S&P 500 companies reporting, a robust 73% exceeded earnings expectations.
On the economic front, durable goods orders rose significantly by 9.2% in March, marking three consecutive months of ...
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Weekly Market Update 11.4.2024
Stocks kicked off November on a positive note after being spoked on Halloween. Thursday’s close saw equities lower for October, the first down month since April. The October Employment Report revealed nonfarm payrolls grew by only 12,000. The disruptive forces of hurricanes and the Boeing Labor strike are blamed for the weak employment data.
Earnings reports from major technology companies fell short of investors’ high expectations. However, Amazon’s ...
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