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Weekly Market Insight – October 31, 2022

Cornerstone Financial Advisory

Stocks overcame poor earnings results from some of America’s largest companies to post gains last week as investors cheered positive earnings surprises, easing inflation and a rebound in economic growth. Economic Growth Exceeds Expectations. This Week: Key Economic Data. The Nasdaq Composite index added 2.24% for the week.

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Weekly Market Insight – August 1, 2022

Cornerstone Financial Advisory

Stocks on Thursday shrugged off news of a second-consecutive quarter of negative economic growth to build on Wednesday’s gains as fresh earnings continued to comfort, if not impress, investors. It was the second-consecutive quarter of negative economic growth, meeting the technical definition of a recession. Economy Contracts .

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Weekly Market Insights: July 29th, 2024

Cornerstone Financial Advisory

5 This Week: Key Economic Data Tuesday: FOMC Meeting Begins. Source: Investors Business Daily – Econoday economic calendar ; July 26, 2024 The Econoday economic calendar lists upcoming U.S. BKNG), Vertex Pharmaceuticals Incorporated (VRTX), Regeneron Pharmaceuticals, Inc. a Registered Investment Advisor.

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Weekly Market Insights – January 30, 2023

Cornerstone Financial Advisory

Presented by Cornerstone Financial Advisory, LLC Stocks added to their early 2023 gains amid a busy stream of mixed corporate earnings results and conflicting economic data. There was enough new economic data to support both the “recession is coming” and the “soft landing” camps. The Nasdaq Composite index rose 4.32% for the week.

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Weekly Market Insights – July 1st, 2024

Cornerstone Financial Advisory

Weekly Market Insights: Mixed Message From Fed Chair, Governor Presented by Cornerstone Financial Advisory, LLC Stocks finished the last week of June and Q2 mixed as investors digested a fresh round of economic data. 2 With the back half of the week packed with fresh economic data, conflicting stories developed about the economy.

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Weekly Market Insights – May 1, 2023

Cornerstone Financial Advisory

Stocks Rally As Attention Shifts To Fed’s May Meeting Presented by Cornerstone Financial Advisory, LLC Strong earnings from several mega-cap technology companies offset renewed regional banking jitters and weak economic data, leaving stocks higher for the week. BKNG), Regeneron Pharmaceuticals, Inc. Tuesday: Factory Orders.

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Weekly Market Insights – May 6, 2024

Cornerstone Financial Advisory

Weekly Market Insights: Volatility, Uncertainty Rule The Week For Markets Presented by Cornerstone Financial Advisory, LLC Stocks notched a solid gain last week, rallying behind upbeat earnings, a dovish Fed, and mixed economic data. 4,5 This Week: Key Economic Data Wednesday: EIA Petroleum Report. a Registered Investment Advisor.