Weekly financial update from your Northeast Ohio Financial Planner. Stocks rallied again last week on better-than-expected earnings and some reassuring news about China's economy, giving the Dow its best weekly performance since …
Stocks Post Worst Week Since February
Stocks tumbled last week on downward revisions to U.S. economic growth and worries about global growth.[1] For the week, the S&P 500 fell 1.21%, the Dow lost 1.21%, and the NASDAQ gave up 1.30%.[2] After a …
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Economic Growth Update: Roller Coaster Q1 Ends Mixed
After a rocky start to the year, most stocks ended the first quarter slightly higher, which is remarkable considering the negative sentiment that caused stocks to selloff in the early weeks of 2016. For the quarter, the S&P …
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Q4 GDP Revised Upward by Strong Consumer Spending
Last week's economic calendar was highlighted by the third estimate of fourth-quarter 2015 economic growth. The report showed that Gross Domestic Product (GDP) grew much faster than originally thought- by a 1.4% annualized rate …
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Dow and S&P 500 Green for 2016
After a historically rough start to the year, stocks finally rallied enough to put the S&P 500 and Dow in the green for the year. Extended weakness in the dollar-which investors hope could boost economic growth and corporate …
Bull Market Anniversary: What’s Changed in 7 Years?
Stocks closed out their fourth week of gains as investors gained confidence from higher oil prices and aggressive moves by the European Central Bank. For the week, the S&P 500 rose 1.11%, the Dow grew 1.21%, and the NASDAQ added …
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Investors Cheer: Stocks Rally for Third Week
Markets closed out a third week of gains, putting the Dow at a two-month high and erasing much of the year's losses. Higher oil prices and an upbeat February jobs report contributed to the rally.[1] For the week, the S&P 500 …
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Identity Theft Protection for Tax Season
Tax season is underway and that means an uptick in tax-related scams. One particularly pernicious form of fraud is tax identity theft. Tax-related identity theft happens when someone uses sensitive personal information (like your …
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