The Markets (as of market close January 13, 2023) Stocks advanced for the second week in a row to kick off 2023. Investors were encouraged by inflation data that showed prices slid lower in December. The interest-rate-sensitive Nasdaq posted gains for six consecutive...
We believe accountability and modesty are among the keys to success in this business. In striving for those qualities, LPL Research has a tradition of starting off a new year with a lessons learned commentary. We got some things wrong last year, no doubt. But those...
The Markets (as of market close January 6, 2023) Last Friday’s rally helped drive stocks higher to end the first full week of January. Investors apparently saw a deceleration in November and December average hourly earnings (see jobs report below) as a sign that...
The Markets (as of market close December 30, 2022) A late-week surge in dip buying wasn’t enough to save stocks from closing the last week of 2022 in the red. Only the Russell 2000 and the Global Dow managed to eke out minimal gains. The Nasdaq, S&P 500, and...
The Markets (as of market close December 23, 2022) Stocks ended a turbulent week generally lower as investors digested the latest inflation data and the Federal Reserve’s possible response. Of the benchmark indexes listed here, only the Dow and the Global Dow...