Market Update: Wed, Feb 19, 2020 | LPL Financial Research

DAILY INSIGHTS

Coronavirus slows, travel restrictions ease. Futures are green around the globe this morning as the number of new coronavirus cases fell to the lowest daily increase since January 29 and the Chinese government stepped up its fiscal and monetary stimulus response. The number of new cases in mainland China (excluding Hubei) has now fallen for 15 straight days. Continue reading

How Well Have Stocks Done Under President Trump?

Market Blog

We hope everyone had a nice Presidents’ Day yesterday, and by nice we hope you got the day off work!

In honor of George Washington, starting in 1971, the third Monday in February was originally celebrated as a Federal holiday to honor our country’s first president, but over time the day has changed to honor all the US presidents. Continue reading

Market Update: Tues, Feb 18, 2020 | LPL Financial Research

DAILY INSIGHTS

Stock markets modestly lower after renewed coronavirus concern. Apple’s announcement that the coronavirus would impact sales had international markets striking a cautious tone overnight, with the technology sector getting much of the attention. The MSCI Asia Pacific was down just over 1%, while major European indexes and S&P 500 Index futures have posted smaller losses. Continue reading

Market Update: Fri, Feb 14, 2020 | LPL Financial Research

Daily Insights

Equities grind higher. The S&P 500 Index is tracking toward another weekly gain, following last week’s more than 3% advance. We see technical support for the S&P 500 at the 50-day moving average (about 4% below current levels) as well as the 3030 level, but the technicals of other key markets need watching as well. Continue reading

Consumer Inflation Growth In Holding Pattern

Economic Blog

Consumer inflationary pressures grew at a moderate rate in January 2020.

The core Consumer Price Index (CPI), which excludes food and energy, rose 2.3% year over year last month, near the fastest pace of this economic cycle and in line with recent months. As shown in the LPL Chart of the Day, core CPI growth has been steady, thanks to firm U.S. demand and relatively benign producer price and wage growth. Continue reading