Chris Broussard

Inflation Risks Send Stock Prices Lower

Inflation Risks Send Stock Prices Lower

Market Data as of Week Ending: 4/12/2024 unless noted otherwise Stock prices retreated again last week as inflation surprised to the upside, significantly reducing the probability of a Fed rate cut in June. First-quarter earnings expectations have been lowered from...

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Stocks Reach Record Highs as the Fed Holds Steady

Stocks Reach Record Highs as the Fed Holds Steady

Market Data as of Week Ending: 3/22/2024 unless noted otherwise Stock prices rose last week as the Fed struck a dovish tone and the S&P 500 reached a new record high. Investors responded favorably to the Fed’s decision to hold on rate cuts until they are more...

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Stocks Lower as Inflation Progress Sputters

Stocks Lower as Inflation Progress Sputters

Market Data as of Week Ending: 3/15/2024 unless noted otherwise Equities were mostly lower on the week as inflation concerns drove yields higher. It was a risk-off week as small and mid-cap stocks underperformed. Value slightly outperformed growth, and large-cap...

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Encouraging Inflation Data Propel Markets Higher

Encouraging Inflation Data Propel Markets Higher

Market Data as of Week Ending: 3/1/2024 unless noted otherwise Equities were mostly higher on the week as inflation data was in line with expectations. Markets broadened out as mid and small-cap stocks outperformed large, but style trends continued with growth...

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Markets Move Higher on Tech-Driven Rally

Markets Move Higher on Tech-Driven Rally

Market Data as of Week Ending: 2/23/2024 unless noted otherwise Most equity indexes moved higher last week on the back of strong Q4 earnings reports. The S&P 500 ended the week 1.68% higher after experiencing its best day in over a year on Thursday. Small-cap...

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Markets Pullback on Hotter-Than-Expected Inflation

Markets Pullback on Hotter-Than-Expected Inflation

Market Data as of Week Ending: 2/16/2024 unless noted otherwise Stock prices pulled back slightly as the S&P 500 experienced its first weekly decline since the start of the year. The week did bring some favorable earnings surprises, with the estimated earnings...

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Strong Earnings Send S&P 500 to 5000

Strong Earnings Send S&P 500 to 5000

Market Data as of Week Ending: 2/9/2024 unless noted otherwise Stock prices moved higher once again as the S&P 500 surpassed the 5,000-point threshold for the first time and marked its 14th positive week out of the past 15. After beginning negative, recent...

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Markets Trek Higher on the Back of Strong Economic Data

Markets Trek Higher on the Back of Strong Economic Data

Market Data as of Week Ending: 2/2/2024 unless noted otherwise Stock prices continued their trek higher as economic data outweighed hawkish Fed rhetoric. The S&P 500 and Dow Jones Industrial Average climbed more than 1% overall, marking the 13th positive week out...

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