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 […]

Market Update for the Quarter Ending December 31, 2017

The PKA Team By | On January 5, 2018

Solid December caps strong year for markets All three major U.S. indices were up during the last month and quarter of 2017. In December, the Dow Jones Industrial Average returned 1.92 percent, while the S&P 500 and Nasdaq Composite indices gained 1.11 percent and 0.48 percent, respectively. For the quarter, the Dow gained 10.96 percent; […]

Market Update for the Month Ending November 30, 2017

The PKA Team By | On December 8, 2017

Another strong month for markets Domestic and international stock markets had a good month. In the U.S., the Dow Jones Industrial Average popped 4.24 percent, the S&P 500 Index climbed 3.07 percent, and Nasdaq Composite gained 2.34 percent. All three indices hit all-time highs during the month. Gains were driven by improving fundamentals. According to […]

Market Update for the Month Ending October 31, 2017

The PKA Team By | On November 8, 2017

Treats, not tricks, for markets Better-than-expected economic data in the U.S. and positive corporate earnings news lifted the major market indices in October. The S&P 500 Index returned 2.33 percent, the Nasdaq Composite popped 3.61 percent, and the Dow Jones Industrial Average climbed 4.44 percent. Performance was driven by improving fundamentals. According to FactSet, as […]

Market Update for the Month Ending September 30, 2017

The PKA Team By | On October 9, 2017

Positive quarter for global markets September was a positive month for most financial markets, capping off a solid quarter. In the U.S., the Dow Jones Industrial Average gained 2.16 percent, the S&P 500 Index was up 2.06 percent, and the Nasdaq Composite climbed 1.11 percent. For the quarter, these three indices were up 5.58 percent, […]

Market Update For The Month Ending August 31, 2017

The PKA Team By | On September 7, 2017

Strong August for global markets August was a solid month for global markets; all three major U.S. indices ended the period on a positive note. The S&P 500 Index, Dow Jones Industrial Average, and Nasdaq were up 0.31 percent, 0.65 percent, and 1.43 percent, respectively. Fundamentals drove the positive equity performance. According to FactSet, as […]

North Korea and the Financial Markets

The PKA Team By | On August 15, 2017

The developing situation between the U.S. and North Korea has rattled the financial markets this week. Should we be worried? Hitting a breaking point Let’s start with the actual geopolitical situation. The U.S. and North Korea are hitting a breaking point. The U.S. cannot accept North Korea having the ability to strike the mainland with […]

Market Update for the Month Ending July 31, 2017

The PKA Team By | On August 7, 2017

Global markets post solid results in July Financial markets around the globe rose in July. In the U.S., the S&P 500 Index gained 2.06 percent, the Dow Jones Industrial Average rose 2.68 percent, and the Nasdaq Composite surged 3.42 percent. On a technical basis, all three indices remained well above their 200-day moving averages. Fundamentals […]

Market Update for the Quarter Ending June 30, 2017

The PKA Team By | On July 10, 2017

Mixed returns in June cap strong second quarter Large-cap equities did well in June, even as technology stocks ran into turbulence. The Dow Jones Industrial Average and S&P 500 Index posted solid gains of 1.74 percent and 0.62 percent, respectively. But the technology-laden Nasdaq suffered, finishing the month down 0.87 percent. Quarterly results were better. […]