On Monday, indices closed out trading in the green zone as the Dow Jones Industrial Average and the S&P 500 Index hit new all-time highs with a rebound in the technology sector. The start of the week also saw crude oil prices decreasing, with West Texas Intermediate crude settling at $44.20 a barrel.
In today’s Marietta Daily Journal, Bil Lako, CFP®, explains why you might think the market is in a bubble and why it’s actually not.
Henssler Research Analysts, Troy Harmon, CFA, CVA, Nick Antonucci, CVA, and Jacob Keen lead the show in a discussion on a client’s concern on whether or not the market is in a bubble.
The week kicked off with stocks taking a downturn, pulled down by Technology shares, raising some concern that the major indices have been influenced by a few large tech firms.
While some may roll their eyes at Millennials, the truth is that economics and demographics of young adulthood have changed. Read all about it in this week’s Financial Tip.
Indices kicked off the week by closing in the red zone on Monday, with stocks trading slightly lower on a variety of economic news. Revisions to Productivity and Costs were in line with expectations, unchanged from the first quarter.
Henssler Research Analysts Nick Antonucci, CVA, and Jacob Keen preview the week’s economic indicators, including the Producer Price and Consumer Price indices, the Fed’s meeting on monetary policy and Friday’s University of Michigan Consumer Sentiment Survey.
While domestic markets were closed Monday in observance of Memorial Day, international markets were still shrugging off concerns about the United States pulling out of the Paris climate agreement the previous week.
Director of Research, Troy Harmon, CFA, CVA, and Research Analyst, Nick Antonucci, CVA, discuss Factory Orders, the ISM Nonmanufacturing Index, MBA Mortgage Applications, Jobless Claims and Wholesale Trades.
The market kicked off the week with gains on Monday, with stocks ending trading near session peak levels. Crude oil prices also rose ahead of the OPEC meeting set for later this week.
