by Bob Polley | Jun 5, 2023 | weekly
Weekly Market Insights: Debt Deal Relieves Market WorriesPresented by Polley Financial Group Stocks surged higher in the closing days of a holiday-shortened trading week, ignited by a political resolution on raising the debt ceiling and a strong employment report. The...
by Bob Polley | May 30, 2023 | weekly
Weekly Market Insights: Debt Talks Optimism Keeps Eyes On D.C. Presented by Polley Financial Group Markets moved in sync last week with perceived movement in debt ceiling talks, weakening early in the week and then surging on news of progress. A solid quarterly report...
by Bob Polley | May 22, 2023 | weekly
Despite Stall, Debt Deal Optimism Cheers Markets Presented by Polley Financial Group Stocks rallied last week, propelled by growing optimism over reaching a deal on raising the debt ceiling and avoiding a technical debt default by the U.S. The Dow Jones Industrial...
by Bob Polley | May 15, 2023 | weekly
Attention Turns To The Debt Ceiling Presented by Polley Financial Group Stocks were mixed last week as good inflation news was offset by mounting debt ceiling concerns and rekindled regional banking fears. The Dow Jones Industrial Average lost 1.11%, while the...
by Bob Polley | May 8, 2023 | weekly
Friday Rally Trims Losses; CPI Report Next Week Presented by Polley Financial Group A Friday rebound, triggered by a big tech company’s earnings beat and a strong jobs report, shaved much of the week’s accumulated losses. The Dow Jones Industrial Average fell 1.24%,...
by Bob Polley | May 1, 2023 | weekly
Stocks Rally As Attention Shifts To Fed’s May Meeting Presented by Polley Financial Group Strong earnings from several mega-cap technology companies offset renewed regional banking jitters and weak economic data, leaving stocks higher for the week. The Dow Jones...