Stock Indices Mixed After Strong Move Since End of October

Major stock indices were mixed this week with U.S. stocks lower and international developed and emerging markets higher.  Stocks have staged a strong rally since the end of October led by technology shares and in particular those related to artificial intelligence.  So seeing a breather at this point is not unexpected. Federal Reserve Chair, Jerome […]

Stocks Mixed with Technology Bright Spot

Major stock indices were mixed this week with the best performance in the tech heavy Nasdaq Composite Index.  While core inflation from a year ago came in slightly lower than last month, the month of January came in higher that December.  While most economists are predicting Federal Reserve rate cuts later this year, a few […]

Stocks End a Volatile Week with Gains Driven by AI Related Stocks.

There was little economic data this week and stock movements were driven mostly by earnings announcements, especially related to cybersecurity and artificial intelligence related stocks.  Major indices dropped sharply on Wednesday but rose even more sharply on Thursday.  Major stock indices ended the week with gains. Canada reported inflation of 2.9% in January from a […]

Stocks End the Week Mixed As January Inflation Comes in Higher Than Expected

Major stock indices ended the week mixed with U.S. based indices lower and foreign developed and emerging markets higher.  While, year over year, the consumer price index and producer price index have fallen, January’s monthly figures came in higher than expected.  Especially when removing volatile food and energy, core inflation remains significantly above the FED’s […]