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Weekly Market Insights – June 10, 2024

Cornerstone Financial Advisory

Weekly Market Insights: Solid Week Despite Mixed Reports Presented by Cornerstone Financial Advisory, LLC Stocks rose last week despite conflicting stories from economic reports. 1 All Eyes On The Jobs Report Weak manufacturing data prompted declines early in the week, reflecting investor concerns over the economy’s strength.

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Weekly Market Insights – February 26, 2024

Cornerstone Financial Advisory

Stocks Rally To Record Highs Stocks traded in a fairly tight range for the first half of the short week, yawning at the lack of economic data while awaiting earnings results from one key company that creates chips that power the artificial intelligence operations of many firms. Source: YCharts.com, February 24, 2024. A), eBay Inc.

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Weekly Market Insights – March 11, 2024

Cornerstone Financial Advisory

The economy added 275,000 jobs in February—exceeding the 198,000 expected—but wage growth slowed, and jobless claims edged up. Some investors saw that as a negative, while others viewed it as a “Goldilocks” moment—an economy that’s not too hot or cold. 4,5 Source: YCharts.com, March 9, 2024. MarketWatch, March 6, 2024 3.

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Weekly Market Insights – March 4, 2024

Cornerstone Financial Advisory

1 Economic news also helped boost markets. 2 Source: YCharts.com, March 2, 2024. Consumers Remain Upbeat With all the excitement over AI, it’s easy to overlook some key economic indicators that also speak to the underlying strength of the economy—specifically, consumer data. percent in January versus December—and 2.4

Marketing 101
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Weekly Market Insights – June 3, 2024

Cornerstone Financial Advisory

Weekly Market Insights: Stocks Sag On Downbeat Economic Indicators Presented by Cornerstone Financial Advisory, LLC Stocks edged lower in the final week of May as fresh news on economic growth and inflation failed to inspire investors. Source: YCharts.com, June 1, 2024. percent from the initial estimated 1.6

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Weekly Market Insights – February 5, 2024

Cornerstone Financial Advisory

Instead, investors interpreted it as confirmation of a robust economy. 2 Source: YCharts.com, February 3, 2024. 3 This Week: Key Economic Data Monday: ISM Services Index. Source: Investors Business Daily – Econoday economic calendar; February 2, 2024 The Econoday economic calendar lists upcoming U.S.

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Weekly Market Insights – January 8, 2024

Cornerstone Financial Advisory

Weekly Market Insights : New Years Blues Stocks retreated in the first trading week of 2024, struggling a bit after a celebratory end to last year as investors second-guessed Fed signals and fretted over lingering inflation concerns. Source: YCharts.com, January 6, 2024. The Wall Street Journal, January 5, 2024 2.