Market Blog
One of the top requests we’ve received the past few weeks is for more charts on the US elections. We shared some of our favorite in Election Charts You Need to See: Part 1 and Part 2, and today’s the third blog in our series on this important event. Continue reading
Market Blog
At LPL Focus 2020, LPL Financial Chief Investment Officer Burt White and Chief Market Strategist Ryan Detrick sat around the campfire to discuss 2020 so far, what could be in store for the rest of 2020, and more, including: Continue reading
Daily Insights
Stocks opened lower. The late-session selling after the Federal Reserve (Fed) announcement Wednesday is spilling over this morning. Markets got a dovish Fed but seemed to want more, which is dampening enthusiasm for traders. Global markets are broadly lower with losses in Europe in midday trading. Asian markets closed broadly lower, with particular weakness in Hong Kong. Continue reading
Economic Blog
Retail sales rose 0.6% month over month in August following July’s downwardly revised 0.9% advance, but sales fell short of Bloomberg’s consensus expectation for a 1% increase. The retail sales control group, which excludes building materials, autos, and gas, fell 0.1% month over month and also missed estimates (source: US Census Bureau). Continue reading
Daily Insights
Markets opened higher. US equities have continued their recent strength this week on the heels of the first two-week losing streak in nearly five months. Today the big news is the Federal Reserve (Fed) meeting, as all eyes will be focused on future policy (more below). Japan finished higher, while China and Hong Kong ended slightly lower. European markets are mixed through midday trading. Continue reading
Market Blog
In the recent LPL Market Signals video, LPL Financial Chief Market Strategist Ryan Detrick and Equity Strategist Jeff Buchbinder discuss the recent two-week losing streak for stocks and more, including: Continue reading
Economic Blog
The US Federal Reserve (Fed) and Bank of Japan (BoJ) both meet this week, while the European Central Bank (ECB) met last week. When central bankers talk— markets listen. Continue reading
Daily Insights
Global stocks look to rally. Most major Asian indexes were higher overnight following strong data on Chinese industrial activity and retail sales, although Japan’s Nikkei lagged. The Euro Stoxx 600 is higher at midday. The S&P 500 Index opened higher, extending Monday’s rally and benefiting from the positive international tone. The S&P 500 gained 1.3% Monday while the small cap Russell 2000 Index climbed more than 2.5% as merger activity, vaccine news, and a shift in sentiment after two weeks of consolidation helped propel gains. Continue reading
Market Blog
As we noted last week, the demand for election charts is off the charts (pun intended), so we are sharing some of our favorite election charts. Continue reading
Daily Insights
Stocks opened solidly higher. Stocks are getting back a chunk of last week’s losses this morning, led by technology and boosted by vaccine optimism. It’s “Merger Monday” with large deals announced in the semiconductor and biotech industries, along with the news that Oracle appears to have won the TikTok sweepstakes. European markets are mixed in midday trading, while Asian markets closed broadly higher. Continue reading