Chris Broussard

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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Stocks Rise as GDP Beats Expectations

Stocks Rise as GDP Beats Expectations

Market Data as of Week Ending: 1/26/2024 unless noted otherwise Stock prices finished the week with gains as the S&P 500 and Dow Jones Industrial Average once again reached new all-time highs. Earnings growth expectations for the S&P 500 improved last week,...

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Stock Prices Lifted by Consumer Strength

Stock Prices Lifted by Consumer Strength

Market Data as of Week Ending: 1/19/2024 unless noted otherwise Stock prices were mixed, but most major indexes finished the week with gains as the S&P 500 and Dow Jones Industrial Average reached new all-time highs. Earnings season is still in the early innings,...

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Stock and Bond Prices Improve

Stock and Bond Prices Improve

Market Data as of Week Ending: 1/12/2024 unless noted otherwise Stock prices generally advanced as most major indexes finished the week with gains. Earnings season kicked off with several large banks that showed American consumers remain resilient. S&P 500...

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