Weekly Market Update Archives - Unify Financial Advisors

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Weekly Market Update – 5.13.2024

Last week, stocks posted gains, with the S&P 500 approaching a record high and bond yields remaining relatively unchanged. Good corporate earnings and signs of a softening labor market contributed to stock gains. Inflation is back in focus this week, with the Consumer Price Index (CPI) report coming out on Wednesday. The market expects April’s CPI to decrease from the previous month. Happy belated Mother’s Day to all the moms out there! Here’s to a great week ...
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Weekly Market Update – 5.6.2024

Last week, there was a plethora of economic data and earnings to digest. The outcome was positive for both stock and bond investors.   This week continues with a busy earnings slate, with notables including Disney, Uber, and Airbnb. Strong first-quarter earnings so far are boosting stocks. Over 75% of reported earnings exceeded Wall Street’s profit estimates.  Please enjoy the attached Market Week for more details. Here’s to a great week ahead.   Follow us ...
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Weekly Market Update – 04.29.2024

We hope you had a great weekend! Last week, stocks posted gains for three of the five trading days. All major stock indexes posted weekly gains, with the technology Nasdaq leading the way by 4.23%.  This week, the FOMC meeting, Jobs Data, and earnings will make headlines. Unify Financial Advisors will celebrate our first anniversary on Thursday, May 2nd! Thank you for trusting us with $113 million in assets under management for 161 client households.   We look forward to ...
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Weekly Market Update – 4.8.2024

Last week, strong job numbers introduced uncertainty, with the S&P 500 falling by 0.93% and bonds dropping by 1.06%. Job creation and openings support economic growth but can result in persistent inflation and prompt the Federal Reserve (Fed) to maintain high-interest rates to fulfill its dual mandate of maximum employment and price stability. Gold prices surged above $2,300 per ounce, reaching record highs before settling at $2,299 on Friday. There’s considerable buzz around gold ...
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