Stocks Rise During a Busy Central Bank Week

Major stock indices rose this week following a busy week for central bank announcements. The Federal Reserve met and left the Federal Funds rate unchanged at 5.25% to 5.5%.  The FED is still signaling three rate cuts later this year but nearly half of FED members are leaning towards only two rate cuts. The Bank […]

Stock Indices Mixed After Strong Move Since End of October

Major stock indices were mixed this week with U.S. stocks lower and international developed and emerging markets higher.  Stocks have staged a strong rally since the end of October led by technology shares and in particular those related to artificial intelligence.  So seeing a breather at this point is not unexpected. Federal Reserve Chair, Jerome […]

Stocks Mixed with Technology Bright Spot

Major stock indices were mixed this week with the best performance in the tech heavy Nasdaq Composite Index.  While core inflation from a year ago came in slightly lower than last month, the month of January came in higher that December.  While most economists are predicting Federal Reserve rate cuts later this year, a few […]

Stocks End a Volatile Week with Gains Driven by AI Related Stocks.

There was little economic data this week and stock movements were driven mostly by earnings announcements, especially related to cybersecurity and artificial intelligence related stocks.  Major indices dropped sharply on Wednesday but rose even more sharply on Thursday.  Major stock indices ended the week with gains. Canada reported inflation of 2.9% in January from a […]