Archive For: Financial Planning

Earnings Lift Stocks; All Eyes On Fed

The S&P 500 and NASDAQ surged to fresh all-time highs as strong earnings from major technology and communications services companies boosted broader markets. The largest gains came on Friday as Alphabet (parent company of Google) reported better than expected results, as well as a plan to repurchase $25 billion of its shares. This lifted the ... Read More

Stocks Erase May Decline as S&P 500 Reaches New High

Stocks climbed higher for the third consecutive week as June’s strong run continued. On Thursday, the S&P 500 closed at a new all-time-high level, officially erasing all of May’s sharp decline. The main catalyst during the week was investors anticipating a potential rate cut in the near future. While the Federal Open Market Committee voted ... Read More