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Tag: Labor Report
Unify Financial Advisors Weekly Market Update
Markets were mixed last week as investors responded to the Federal Reserve’s policy decision and rotated from technology stocks into more cyclical areas of the market. The S&P 500 declined 0.63% for the week, ending slightly lower after reaching record highs mid-week following the Fed’s announcement.
The Federal Reserve cut its target range for the federal funds rate by 25 basis points to 3.50%–3.75%, ...
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Weekly Market Update – 9.8.2025
Unify Financial Advisors Weekly Market Update
Last week, the stock market experienced notable swings influenced by economic data, particularly signs of a cooling labor market that raised expectations of a potential interest rate cut by the Federal Reserve. The S&P 500 gained 0.33% for the week and closed at 6,481.50, just shy of Thursday’s record close. Big tech shares played a significant role in driving market performance. Additionally, the 10-year Treasury ...
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Weekly Market Update – 6.30.2025
Unify Financial Advisors Weekly Market Update
Wall Street rallied last week, with the S&P 500 climbing 3.44% and reaching a record closing high on Friday. Crude oil prices fell over 13% for the week, their biggest drop since March 2023, and gold declined for a second straight week as investors moved away from safe havens. The probability of the Federal Reserve cutting rates by 0.25% in September has increased, partly due to lower economic growth expectations and ...
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Weekly Market Update – 12.9.2024
Last week, consumer discretionary, communication services, and information technology stocks saw gains, which were tempered by declines in energy, utilities, real estate, and materials. The S&P 500 gained 0.99%, and the Russell 1000 growth gained 3.64%.
Friday’s labor report showed strong November hiring and upward revisions for September. The strong hiring and an increase in the employment rate from 4.1% to 4.2% should keep the Fed on course to cut rates by 0.25% on ...
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