April 3, 2023

April 3, 2023

Banking Crisis Fears Dim; Markets Rally Presented by Crossroads Financial Advisors Stocks rallied last week on receding fears of a widening banking crisis, led by resurging investor interest in technology and communication services names. The Dow Jones Industrial...
April 3, 2023

March 27, 2023

Mixed Message Provokes Volatility Presented by Crossroads Financial Advisors Modest gains in major market indices masked sharp volatility amid the uncertainty arising from mixed messages emanating from public officials and revived banking fears. The Dow Jones...
April 3, 2023

March 20, 2023

Markets Cautious After Banking Woes; Awaiting Fed Reaction Presented by Crossroads Financial Advisors Amid the reverberations of two U.S. banks being taken over by regulators and the spread of uncertainty to European banks, stocks trended higher last week on the...
April 3, 2023

March 13, 2023

Stocks tumbled last week as investors reconsidered their interest rate expectations after Fed Chair Powell’s Congressional testimony that rates may need to go higher. Stocks also were rattled when a west coast bank was placed into receivership on Friday following a...
April 3, 2023

March 6, 2023

Fed’s Reassurance Boosts Stocks Presented by Crossroads Financial Advisors A late-week surge, triggered by reassuring Fed-speak, propelled stocks higher last week. The Dow Jones Industrial Average gained 1.75%, while the Standard & Poor’s 500 advanced 1.90%. The...
April 3, 2023

February 27, 2023

FOMC Says Inflation Is Still Too High Presented by Crossroads Financial Advisors Concerns over a firmer monetary policy were heightened by fresh economic data, touching off a climb in bond yields and a slide in stock prices last week. The Dow Jones Industrial Average...