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Monthly Archives: June 2016

Global stock markets fall after Brexit, S&P 500 loses 1.6% for week

If you want to have better performance than the crowd, you must do things differently than the crowd. – Sir John Templeton Fears that voters in the United Kingdom would choose to exit the European Union became a reality last week and the shocking result caused global stock market averages to fall. What looked like […]

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Stocks decline on Brexit, global growth fears

In Wall Street, the only thing that’s hard to explain is next week. – Louis Rukeyser Fears that the United Kingdom will vote on June 23rd to leave the European Union caused stocks to tumble last week as all of the major stock averages finished more than 1% lower. Investors sought refuge in U.S. government […]

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Major stock averages mixed ahead of FOMC meeting

Buy not on optimism, but on arithmetic. – Benjamin Graham After closing at a 52-week high of 2,119 on Wednesday, the S&P 500 fell about 1% during the last two trading days to end the week virtually flat. It looked like momentum would be enough to propel the benchmark index through the all-time closing high […]

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Stocks edge lower on weak May jobs report

Service to others is the rent you pay for your room here on earth. – Muhammad Ali The major stock averages ended the week close to the flat line as the weak May employment report almost certainly eliminated any chance that the Federal Reserve will raise interest rates at its meeting later this month. Based […]

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