WEEKLY MARKET INSIGHTS – 1/31/2022 An exceptionally volatile week, marked by wide intraday price swings, whipsawed investors with stocks ending higher following a surge to the upside on the final trading day of the week. The Dow Jones Industrial Average rose 1.34%, while the Standard & Poor’s 500 gained 0.77%. The Nasdaq Composite index ended […]
Thanks to healthier lifestyles and advances in modern medicine, the worldwide population over age 65 is growing. In the past decade, the population of Americans aged 65 and older has grown 35%, and is expected to reach 94.7 million in 2060. As our nation ages, many Americans are turning their attention to caring for aging […]
Stocks extended their January retreat as worries over inflation and rising bond yields continued to exert downward pressure on prices. The Dow Jones Industrial Average slid 4.58%, while the Standard & Poor’s 500 sank 5.68%. The Nasdaq Composite index dropped 7.55% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, slipped […]
A federal judge in Texas blocked the Biden administration from enforcing its coronavirus vaccine mandate for federal workers on Friday, citing the outcome of last week’s Supreme Court ruling that nullified the administration’s vaccine-or-test requirement for large employers. Why it matters: It’s a blow to President Biden’s efforts to increase the U.S.’ vaccination rates, though much of the federal workforce […]
MARKET INSIGHTS JANUARY 12, 2022 A jump in yields sparked by a more aggressive sounding Federal Reserve sent the market lower to start the new year. The Dow Jones Industrial Average fell 0.29%, while the Standard & Poor’s 500 declined 1.87%. The Nasdaq Composite index was hardest hit, dropping 4.53% for the week. The MSCI […]