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Stocks Decline Slightly as New Year Dawns

2025-01-06T09:48:26-06:00January 6, 2025|Categories: Weekly Update|Tags: , , , , , , , , , , , , , , , , , , , , , |

The Weekly Update

Week of January 6th, 2025
By Christopher T. Much, CFP®, AIF®

Stocks edged lower last week despite a powerful end-of-week rally.

The Standard & Poor’s 500 Index lost 0.48 percent, while the Nasdaq Composite Index slid 0.51 percent. The Dow Jones Industrial Average fell 0.60 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, dropped 0.90 percent.

Selling Then Buying
Stocks were under pressure right out of the gate on Monday for no apparent reason other than worries over the loss of year-end momentum. By the end of trading on Monday, markets recovered some losses, but the selling picked up again on Tuesday.

After being closed for the New Year’s holiday, stocks opened higher for the first trading day of 2025. But sellers gained the upper hand by the end of trading. On Friday, Investors perked up with tech stocks leading a recovery rally that erased most of the week’s …

  • December 30 2024 - CTS Financial Group

Holiday Spending Up

2024-12-30T10:10:07-06:00December 30, 2024|Categories: Weekly Update|Tags: , , , , , , , , , , , , , , , , , , , |

The Weekly Update

Week of December 30th, 2024
By Christopher T. Much, CFP®, AIF®

Stocks notched a slight gain over the holiday week. A tech-driven rally in the first half of the week was clawed back in the second half as investors took profits following the market holiday.

The Standard & Poor’s 500 Index advanced 0.67 percent, while the Nasdaq Composite Index rose 0.76 percent. The Dow Jones Industrial Average added 0.35 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, rose 1.54 percent.

Ho-Ho, Then No-Go
Stocks rallied during the first half of a shortened holiday trading week. Holiday cheer won out despite news of declining consumer confidence in December, a drop in durable goods, and new home sales reporting below expectations.

The “Santa rally” lost its ho-ho-go after the midweek holiday. Megacap technology stocks led markets down on Friday, giving back most of the gains from the first half of the …

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Powell Signal Leaves Investors Cold

2024-12-23T10:04:49-06:00December 23, 2024|Categories: Weekly Update|Tags: , , , , , , , , , , , , , , , , , , , , |

The Weekly Update

Week of December 23rd, 2024
By Christopher T. Much, CFP®, AIF®

Stocks were under pressure last week as the Fed Chair’s hawkish comments unsettled investors ahead of the holiday season.

The Dow Jones Industrial Average received the hardest hit, falling 2.25 percent. The Standard & Poor’s 500 Index lost 1.98 percent, while the Nasdaq Composite Index dropped 1.78 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, retreated an eye-catching 3.38 percent.

No Santa Yet
Divergence marked the start of the week as megacap tech stocks rallied while the Dow Industrials fell for the eighth-straight session—its longest losing streak since 2018.

Following its scheduled December meeting, the Fed announced it was cutting short-term rates by a quarter point, as widely expected. However, Fed Chair Jerome Powell also signaled fewer rate reductions next year. “From here, it’s a new phase and we’re going to be cautious about further cuts,” he said …

  • December 2 2024 | CTS Financial Group

Solid Gains for Thanksgiving Week

2024-12-02T05:45:52-06:00December 2, 2024|Categories: Weekly Update|Tags: , , , , , , , , , , , , , , , , , , , , , |

The Weekly Update

December 2nd, 2024
By Christopher T. Much, CFP®, AIF®

Stocks posted solid gains over a short and busy holiday week as investors parsed fresh economic data, comments on potential future trade policy, and a few Q3 reports from technology companies.

The Standard & Poor’s 500 Index gained 1.06 percent, while the Nasdaq Composite Index advanced 1.13 percent. The Dow Jones Industrial Average rose 1.39 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, added 2.02 percent.

Rally Extends
Stocks staged a broad-based rally to start the week as investors reacted to the nominee for Secretary of the Treasury. Small-cap stocks continued their month-to-date surge as the Russell 2000 Index rose to an all-time high. News that consumer confidence rose in November appeared to contribute to gains.

Then stocks took a pre-Thanksgiving pause as investors digested economic data. Also, disappointing Q3 updates from two computer hardware manufacturers weighed on the tech …

Stocks Retreat on Jobs and Election Concerns

2024-11-04T14:45:53-06:00November 4, 2024|Categories: Weekly Update|Tags: , , , , , , , , , , , , , , , , , , , |

The Weekly Update

Week of November 4th, 2024
By Christopher T. Much, CFP®, AIF®

Stocks slid last week as mixed economic data and strong-but-not-spectacular Q3 corporate reports failed to inspire investors.

The Standard & Poor’s 500 Index fell 1.36 percent, while the Nasdaq Composite Index declined 1.50 percent. The Dow Jones Industrial Average edged down 0.15 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, slid 0.96 percent.

Q3 Reports Uninspired
Stocks rallied early Wednesday after the gross domestic product report showed a strong economy that appeared on the path to a soft landing. However, stocks moved lower throughout the day as investors digested mixed Q3 reports from a few mega-cap tech names.

Stocks were under more pressure Thursday as disappointing outlooks for some key tech companies pulled the market down. A softer-than-expected jobs report on Friday unsettled investors, but stocks picked up as the day progressed, and attention shifted to how the …

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Mixed Data Leaves Investors Anxious

2024-10-14T10:29:24-05:00October 14, 2024|Categories: Weekly Update|Tags: , , , , , , , , , , , , , |

The Weekly Update

Week of October 14th, 2024
By Christopher T. Much, CFP®, AIF®

Stocks advanced last week despite mixed inflation data, lurching oil prices, and lingering anxiety about the Middle East.

The Standard & Poor’s 500 Index gained 1.11 percent, while the Nasdaq Composite rose 1.13 percent. The Dow Jones Industrial Average picked up 1.21 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, added 0.23 percent.

Up And Down Week
Stocks slipped on Monday as oil continued to rise but moved higher on Tuesday as the technology sector showed the way. Oil prices fell back as investors took a wait-and-see stance concerning Middle East tensions.

The S&P 500 and Dow Industrials hit fresh record highs on Wednesday but dipped Thursday morning after the latest Consumer Price Index (CPI) data showed inflation was warmer than expected.

Earnings season kicked off Friday, and update reports from a few money center banks injected some enthusiasm …

Markets Rise Thanks to Upbeat Indicators

2024-08-19T09:12:53-05:00August 19, 2024|Categories: Weekly Update|Tags: , , , , , , , , , , , |

The Weekly Update

Week of August 19th, 2024
By Christopher T. Much, CFP®, AIF®

Stocks posted solid gains last week, buoyed by robust economic data and constructive comments from Fed officials.

The Standard & Poor’s 500 Index rose 3.93 percent, while the Nasdaq Composite gained 5.29 percent. The Dow Jones Industrial Average lagged a bit, picking up 2.94 percent. The MSCI EAFE Index, which tracks developed overseas stock markets, powered ahead by 4.31 percent.

Upbeat Economic News
Three critical economic data points gave investors what they were looking for: wholesale inflation, consumer prices, and retail sales.

Both the Producer Price Index and the Consumer Price Index rose less than expected in July, reinforcing a picture of cooling inflation. The July retail sales report on Thursday was stronger than expected, which added more fuel to the week-long rally.

Market action slowed down on the week’s final trading day, with positive consumer sentiment gains countered only by a …

The Great Resignation

2022-03-07T22:27:35-06:00March 6, 2022|Categories: Resource Center, Weekly Update|Tags: , , , , |

The Great Resignation

The Great Resignation — a popular phrase referring to the roughly 33 million Americans who have resigned since the spring of 2021 — is far more than just a movement of people quitting their jobs. It’s a shift in the mindset of primarily Millennial and Generation Z workers, who are fed-up and looking for a change.
In our latest article, we take a look at the phenomenon that is The Great Resignation and unpack why people are resigning and how companies are addressing this unprecedented labor market issue. Download the article here.
  • Two People Reviewing Finances, Money Tips for Better Relationships

Money Tips for Better Relationships

2025-03-25T12:33:26-05:00May 26, 2021|Categories: Resource Center, Weekly Update|Tags: , , , , |

Money Tips for Better Relationships

Financial disagreements are a significant challenge in marriages, with research indicating that 70% of married millennial couples argue about money more than any other topic. These disputes can contribute to marital strain and even dissolution. However, couples who approach their finances collaboratively can often overcome these challenges and strengthen their relationship.

Effective communication is crucial for navigating financial discussions. Couples should openly talk about their financial goals, habits, and past experiences, as these factors often shape how each partner views money. Setting shared goals and creating a mutually agreed-upon budget can provide clarity and foster unity. Additionally, regularly meeting to review financial matters, establishing a clear threshold for big purchases, and working together on decisions can minimize conflict and ensure both partners feel involved.

Trust, honesty, and a willingness to update financial plans as life changes are also vital. Couples may benefit from seeking the advice of …

  • Older Couple at Beach, Insurance Golden Years

Insurance Golden Years

2025-03-25T12:37:03-05:00February 18, 2021|Categories: Resource Center|Tags: , |

Insurance Golden Years

Insurance Golden Years 

As you approach later adulthood and retirement, your financial focus and priorities will inevitably shift. With children leaving the nest and the anticipation of retirement, this is a time to reassess and protect the assets you’ve accumulated. During this final stretch to retirement, wealth protection becomes essential, not just through investments but also by securing appropriate insurance coverage for potential financial risks, especially health-related ones.

Auto, home, health, life, and long-term care insurance all play vital roles in your retirement planning. You may be able to reduce auto insurance rates by taking advantage of discounts or reassessing who is on your policy. Likewise, while you might have paid off your mortgage, continuing home insurance is important for property and liability protection. As you age, health insurance choices become more crucial, particularly when transitioning to Medicare at age 65. Life insurance may also remain relevant, not only …

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