Market Update: Thur, July 11, 2019 | LPL Financial Research

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Daily Insights

Dovish Fed comments support global equity markets. Federal Reserve (Fed) Chair Jerome Powell’s testimony to Congress yesterday and the release of the minutes from the Fed’s June policy meeting confirmed that the Fed is eyeing a potential rate cut in July to insulate the economy against shocks from trade and slowing global growth. Continue reading

Market Update: Tue, July 9, 2019 | LPL Financial Research

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Daily Insights

Global indexes pause ahead of a busy week. U.S. stocks and global indexes are down modestly this morning as markets await a busy week of Federal Reserve (Fed) speakers. Fed Chair Jerome Powell will give his semi-annual testimony before House and Senate committees tomorrow and Thursday, respectively. Continue reading

Market Update: Wed, July 3, 2019 | LPL Financial Research

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Daily Insights

Shortened market session today, U.S. markets closed tomorrow for July 4 holiday. Trading is expected to be light when markets reopen on Friday, both a summer Friday and a bridge day from the holiday to the weekend. The U.S. jobs report for June will be released on Friday, and any large surprise may create more volatility than it usually would due to light volume. Continue reading