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Tag: Wall Street
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 – 5.5.2025
Weekly Highlights
Wall Street delivered another strong week, propelled by positive corporate earnings and an encouraging jobs report. Notably, the Dow recorded its tenth consecutive session of gains, and the S&P 500 posted its ninth straight positive session, gaining 2.92% for the week.
Despite concerns over tariffs, the economy showed some resilience. The April employment data provided positive news, and the March Personal Consumption Expenditures ...
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Weekly Market Update – 9.9.2024
September got off to a rough start for Wall Street. The S&P 500 declined 4.22% last week on fears of a waning labor market from the fresh jobs data. The downward revisions to the June and July payrolls have investors on edge that the Fed might have waited too long to cut rates. There is a 100% probability of a 0.25% cut at the September 18th Fed meeting. A normalizing labor market, low inflation, and an accommodative Fed could help the Fed to navigate a “soft ...
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