Market Update For The Month Ending July 31, 2018

The PKA Team By | On August 7, 2018

Strong July for global markets Global markets had a strong July, rebounding from a volatile June. Here in the U.S., the S&P 500 Index gained 3.72 percent while the Dow Jones Industrial Average grew 4.83 percent. The Nasdaq lagged its counterparts with a gain of 2.19 percent, after a technology sell-off pulled down performance at […]

Bryan Pratt, CFP® Honored in Forbes’ List of Top Next Gen Advisors

The PKA Team By | On July 26, 2018

We are excited to announce that Bryan Pratt, CFP®, has been named to the Forbes’ Top Next Generation Wealth Advisors list for 2018. The list was published recently on Forbes.com. Bryan is one of only 23 advisors selected from the State of Minnesota, and of those, one of just two based outside of the Minneapolis-St. Paul […]

2018 Midyear Outlook: Will the Economy and Markets Keep Growing?

The PKA Team By | On July 16, 2018

After the performance we saw last year, we had high hopes for the economy and markets in 2018, but the first half of the year was disappointing. Expectations softened as the stock market pulled back early in the year, economic growth slowed, and risks—largely in trade—rose. As we hit midyear, though, those initial hopes appear […]

Market Update for the Quarter Ending June 30, 2018

The PKA Team By | On July 6, 2018

Volatile June caps off eventful quarter June was a volatile month, with earlier gains offset by later losses. Still, both the S&P 500 Index and the Nasdaq Composite ended the month in positive territory. The S&P 500 rose 0.62 percent during the month, while the Nasdaq led the way with a gain of 0.98 percent. […]

Market Update For The Month Ending May 31, 2018

The PKA Team By | On June 7, 2018

Mixed May for markets U.S. equities and fixed income rallied in May while foreign stocks declined. The Dow Jones Industrial Average was up 1.41 percent, the S&P 500 Index gained 2.41 percent, and the Nasdaq popped 5.50 percent. Better-than-expected fundamentals supported returns. According to FactSet, as of May 25, with 97 percent of companies reporting, […]

Market Update for the Month Ending April 30, 2018

The PKA Team By | On May 7, 2018

Markets start to spring back U.S. markets rebounded in April after two turbulent months. The S&P 500 Index gained 0.38 percent, the Dow Jones Industrial Average was up 0.34 percent, and the Nasdaq Composite posted a 0.08-percent return. Strong fundamentals supported the rebound. According to FactSet, as of April 30, the estimated first-quarter earnings growth […]

Market Update for the Quarter Ending March 31, 2018

The PKA Team By | On April 9, 2018

Stormy March drags down markets March was a rough month for financial markets across the globe, as tariffs and trade wars grabbed headlines. All three major U.S. indices were down for the month. The Dow Jones Industrial Average was hardest hit, posting a loss of 3.59 percent. The S&P 500 Index and Nasdaq Composite were […]

Market Update for the Month Ending February 28, 2018

The PKA Team By | On March 7, 2018

A bumpy ride for the markets February was a rocky month for the stock market. After plunging roughly 10 percent mid-month, the three major U.S. indices were able to make up some ground. The Nasdaq Composite finished down 1.74 percent, while the Dow Jones Industrial Average and S&P 500 Index lost 3.96 percent and 3.69 […]

What Does the Market Decline Mean for You?

The PKA Team By | On February 8, 2018

Market drops are scary, especially when they come day after day. The decline on Monday, February 5, was particularly bad. In fact, it has been billed as the largest point drop ever for the Dow Jones Industrial Average. Looking at that, it’s normal to think that the stock market is in a downward spiral. History […]

Market Update for the Month Ending January 31, 2018

The PKA Team By | On February 7, 2018

Stock markets have strong start to the year All three major U.S. indices posted large gains in January, despite a dip at month-end. The Nasdaq Composite climbed 7.40 percent, the Dow Jones Industrial Average popped 5.88 percent, and the S&P 500 Index was up 5.73 percent. Performance was supported by better-than-expected earnings results for the […]