The holiday-shortened week kicked off on Tuesday after being closed Monday for Labor Day. However, retail gas prices surged as Hurricane Harvey forced refineries to shut down, leading to curtailed petroleum shipments. The Dow Jones Industrial Average fell 1.1%, its biggest one-day loss since Aug 17, while the S&P 500 declined 0.8%.
In today’s Marietta Daily Journal: Bil Lako, CFP® explains how dollar cost averaging would have worked during the Great Recession
You see inflation affect prices every time you go to the grocery store. But how does the Fed measure it? We explain in this week’s Financial Tip.
The U.S. indices closed mixed on Monday, as both the Dow Jones Industrial Average and S&P 500 Index added slight gains, while the NASDAQ shed some points. Financial and technology brands led decliners.
The U.S. stock indices kicked off the week with gains on Monday as investors took advantage of recent market downswings. The S&P 500 Index posted its biggest one-day gain since April.
The week started off with gains as the Dow Jones Industrial Average achieved its ninth record closing high in a row and the S&P 500 index ticked up to record level highs. Sentiment was reversed Tuesday as the indices concluded trading in the red zone after trading in a narrow range throughout the day.
Last week ended with a mixed bag of stock market performances. On Monday, the Dow Jones Industrial Average, the S&P 500 Index and the NASDAQ composite closed July as their best month since February. History was made again on Tuesday when the Dow burst through the 22,000 mark.
The stock indices kicked off the week with mixed moves, as the Dow Jones Industrial Average and S&P 500 Index ended in the red zone while the NASDAQ traded up to an all-time high. In the first of several housing data points released during the week, existing-home sales fell in June, though they are still up by 0.7% from year-ago levels.
The financial markets closed Monday mixed with the Dow Jones Industrial Average and S&P 500 Index ending fractionally down while the NASDAQ added slight gains. Indices experienced mixed moves again on Tuesday with the S&P 500 and NASDAQ trading to new record highs while the Dow shed some points.
Henssler Research Analyst, Nick Antonucci, CVA, explains what bonds are, how they pay interest and why an investor may want to buy one.
