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Tag: Real Estate
Unify Financial Advisors Weekly Market Update
Last week, the equity markets experienced a pullback as the recent bull run paused. The S&P 500 declined 1.63%, marking its worst week in a month. The selloff was led by weakness in the technology sector, where concerns over high valuations triggered a broader retreat across growth stocks.
Despite most S&P 500 companies reporting better-than-expected earnings, a few disappointments and continued uncertainty from the ongoing ...
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Weekly Market Update – 8.19.2024
Last week, investors embraced positive economic data. July’s CPI was 2.9% compared to one year ago. Following the upbeat CPI report, the probability of the Fed cutting rates at their September meeting remained 100%. Strong retail sales and lower initial Jobless claims comforted investors after the disappointing jobs reported two weeks ago. Stocks posted their best week of the year, with the S&P 500 gaining 3.99%.
The real estate sector ...
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