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Stocks Slide as Uncertainty Rises
After posting gains every week since September, U.S. stocks declined by market’s close on Friday. The S&P 500 and Dow ended their longest stretch of weekly increases since 2013, and the NASDAQ ended its own 6-week streak.1 By November 10, the S&P 500 declined 0.21%, the Dow was down 0.50%, and the NASDAQ slipped 0.20%.2 Meanwhile, the MSCI EAFE dropped by 0.45%.3
While these declines are not huge, understanding why stocks dropped after several weeks of steady gains is important. The markets are incredibly complex, so we cannot point to one single detail that drove their performance. We can, however, help you gain insight into what influenced investors’ decisions.
The Market’s Drop in Context (more…)
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Stocks End Up After Busy Week
Another week, another round of positive market performance. The 3 major domestic indexes again ended the week with gains and new record highs. The S&P 500 rose 0.23% and marked a 7th-straight week of increases—its longest string of weekly gains in almost 3 years.[1] The Dow added 0.45%, and the NASDAQ grew by 1.09%.[2] Meanwhile, international stocks in the MSCI EAFE slipped slightly, losing 0.35% for the week.[3]
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Tom Lane, Jr. speaks @ Virtua Workshop
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Lane Hipple Hires Summer Intern
We’re thrilled to welcome our summer intern Patrick Dengler to the team. He graduated from Haddonfield Memorial High School in 2015 and is an upcoming junior at the University of Georgia. He is studying economics at the Terry School of Business.
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July 18th – Social Security & Medicare Workshop @ Virtua
OPEN TO VIRTUA HEALTH EMPLOYEES ONLY. Must have Virtua badge number to register. Please join us for an educational workshop. The discussion will center around Social Security, Medicare, Retirement Planning. Our presenters will be Thomas Lane, Jr. CFP, ChFC – Lane Hipple Wealth Management and Douglas Lubenow – Senior Advisors. Come learn from these experienced industry experts.
