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Tag: GDP

Weekly Market Update – 3.31.2025

Stocks had a challenging week, as early gains faded amid investor concerns over inflation and escalating trade tensions. The S&P 500 fell 1.53%, marking its fifth weekly decline in six weeks. Technology stocks were hit particularly hard, dropping 2.1%, while consumer discretionary, consumer staples, and energy sectors managed slight gains. Investor sentiment was tested as core consumer prices rose more than anticipated, fueling inflation worries, and consumer spending showed signs of ...
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Weekly Market Update – 3.3.2025

Markets remained volatile last week, ultimately closing mostly lower. The S&P 500 declined 0.98%, with consumer discretionary and tech shares struggling. The Dow was the only major index to post a gain, edging up 0.95%. Bond prices rose as Treasury yields declined, crude oil dipped, and gold prices slid after recent gains. Economic data revealed mixed signals. The second estimate of fourth-quarter GDP showed a 2.3% increase, down from 3.1% in the prior quarter, reflecting ...
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Weekly Market Update – 11.25.2024

Last week, stocks posted solid gains, rebounding from the prior week’s loss. US benchmarks climbed higher, with the S&P 500 gaining 1.72%. Existing October home sales rose 3.4% from the previous month. The median single-family home price was $412,000 in October, 4.1% above the October 2023 price of $396,000. Moderating home price inflation and lower mortgage rates are welcome signs for home buyers. As we approach Thanksgiving, the holiday season brings increased travel ...
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Weekly Market Update – 7.29.2024

Unify Financial Advisors Market Week Update Last week’s economic reports painted a strong economy with tamed inflationary pressures. The second-quarter GDP grew at 2.8%, compared to 1.9% expected. An increase in business inventories and auto sales primarily drove the upside surprise. The personal consumption expenditures price index (PCE), a measure of inflation preferred by the Federal Reserve, shows that PCE inflation fell to 2.5% year-over-year in June. ...
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