News Releases

First, a look at last week.
 
Stocks faltered after a strong second quarter GDP report triggered concerns that the Fed might be forced to tighten sooner than expected. After the slightly softer, but still good, jobs report on Friday, a measure of stability returned to equities. But the damage had been done, and for the week the S&P 500 shed 2.7 percent, leaving the index 3.2 percent below its July 24 closing high of 1988.
 
Beyond the second-quarter rebound, last week’s economic data was generally, but not uniformly, encouraging. Manufacturing activity and consumer confidence rose to start the third quarter, and motor vehicle sales were robust. And the economy generated more than 200,000 jobs for the sixth straight month in July, resulting in the first increase in the labor force participation rate in four months.
 

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06/24/2014
06/24/2014
06/17/2014
05/30/2014
05/21/2014
04/28/2014
04/28/2014