Two of the most critical economic data points have shown that the economy is continuing to show improvement. The U.S. is a consumer driven economy and as such labor and employment remains atop the economic indicator reports for Finom Group. Initial jobless claims were released yesterday and as they are every Thursday. Initial jobless claims…
Divergence! A one-word sentence used appropriately to describe last week’s trading action where the Dow was significantly lower than its peer indices. The Dow Jones Industrial Average rose 119.19 points to 24,580.89 on Friday. Friday’s close marked the first gain for the index in nine sessions, snapping its longest losing streak since March 2017. Looking more…
There was a great deal of follow through from Friday in the markets for much of the day yesterday… until President Trump issued a tweet that declared he would announce a decision on the Iran Nuclear Treaty at 2:00 p.m. EST Tuesday. On Monday, the Dow, S&P 500 and Nasdaq Composite finished with gains, but off…
