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Economic Updates

Fiduciary Financial Advisor in Utah
Blog
Mark Lund

The Fiduciary Advisor Report – Monday, February 14, 2022 – Sandy, Utah

THE WEEK ON WALL STREET A hot inflation print and the growing concern of a Russian invasion of Ukraine sent stocks tumbling late in the week, leaving major indices lower for the five-trading days.    The Dow Jones Industrial Average skidded 1.00%, while the Standard & Poor’s 500 retreated 1.82%. The Nasdaq Composite index slumped

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Fiduciary Financial Advisor in Utah
Blog
Mark Lund

The Fiduciary Advisor Report – Monday, February 7, 2022 – Sandy, Utah

THE WEEK ON WALL STREET Stocks managed to gain ground last week as investors turned their focus to corporate earnings.    The Dow Jones Industrial Average rose 1.05%, while the Standard & Poor’s 500 gained 1.55%. The Nasdaq Composite index picked up 2.38% for the week. The MSCI EAFE index, which tracks developed overseas stock

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Fiduciary Financial Advisor in Utah
Blog
Mark Lund

The Fiduciary Advisor Report – Monday, January 24, 2022 – Draper Utah

THE WEEK ON WALL STREET Stocks extended their January retreat as worries over inflation and rising bond yields continued to exert downward pressure on prices.    The Dow Jones Industrial Average slid 4.58%, while the Standard & Poor’s 500 sank 5.68%. The Nasdaq Composite index dropped 7.55% for the week. The MSCI EAFE index, which

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Fiduciary Financial Advisor in Utah
Blog
Mark Lund

The Fiduciary Advisor Report – Monday, January 17, 2022 – Draper Utah

THE WEEK ON WALL STREET Deteriorating investor enthusiasm for high-valuation growth companies and a mixed start to the fourth-quarter earnings season made for a volatile week.    The Dow Jones Industrial Average lost 0.88%, while the Standard & Poor’s 500 slipped 0.30%. The Nasdaq Composite index fell 0.28% for the week. The MSCI EAFE index,

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Fiduciary Financial Advisor in Utah
The Mark Lund Growth Report
Mark Lund

The Fiduciary Advisor Report – Monday, January 10, 2022 – Draper Utah

THE WEEK ON WALL STREET A jump in yields sparked by a more aggressive sounding Federal Reserve sent the market lower to start the new year.    The Dow Jones Industrial Average fell 0.29%, while the Standard & Poor’s 500 declined 1.87%. The Nasdaq Composite index was hardest hit, dropping 4.53% for the week. The

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