Wednesday, March 18, 2015

March 16, 2015 Weekly Market Update from Maier & Associates Financial Group

Bulls and bears duked it out last week, with the Dow experiencing multiple triple-digit intraday swings. In the end, the bears prevailed as the Dow and S&P 500 had their third week of losses, which sent both back into negative territory for the year. The dollar continued to gain strength, hitting $1.06 against the euro (its highest level since January 2003), while the price of oil, which has been above $50 a barrel at the beginning of the month, fell to roughly $45. Coupled with the start of quantitative easing by the European Central Bank, that raised concerns about how U.S. multinational companies' sales overseas would fare going forward. The small caps of the Russell 2000, which are seen as having less international exposure, had the week's only gains.


March 16, 2015 Weekly Market Update from Maier & Associates Financial Group

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At Maier & Associates, we are committed to helping you manage your finances as you strive to achieve your financial goals today, tomorrow, and many years down the road. Your financial success is important to us, which is why we create a wealth management strategy designed to meet your personal financial goals and dreams. Visit our website at http://maierandassociates.com/ or simply give us a call at (800) 282-4503.

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Friday, March 13, 2015

March 9, 2015 Weekly Market Update from Maier & Associates Financial Group

Good news about unemployment proved bad news for the equities markets. The Dow industrials closed 279 points lower after Friday's strong jobs report as investors feared it might help hasten the end of the Fed's near-zero target interest rate. Nevertheless, the Nasdaq topped 5,000 earlier in the week for the first time since March 2000. The strengthening of the U.S. dollar in the wake of Thursday's European Central Bank meeting took a toll not only on the euro but on gold and oil; gold fell to $1,164--its lowest price of the year--while oil dipped below $50 a barrel. Meanwhile, the benchmark 10-year Treasury yield shot to its highest level of the year as prices fell.


March 9, 2015 Weekly Market Update from Maier & Associates Financial Group

Maier & Associates Financial Group is here to help!

At Maier & Associates, we are committed to helping you manage your finances as you strive to achieve your financial goals today, tomorrow, and many years down the road. Your financial success is important to us, which is why we create a wealth management strategy designed to meet your personal financial goals and dreams. Visit our website at http://maierandassociates.com/ or simply give us a call at (800) 282-4503.

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Tuesday, March 3, 2015

March 2, 2015 Weekly Market Update from Maier & Associates Financial Group

Equities markets were mildly buoyed by Federal Reserve Chair Janet Yellen's congressional testimony and the grudging approval of Greece's plans for qualifying for additional assistance. The S&P 500 and Russell 2000 hit new record highs during the week. However, both had backed away from those highs by week's end after U.S. economic growth was shown to be weaker than expected.


March 2, 2015 Weekly Market Update from Maier & Associates Financial Group

Maier & Associates Financial Group is here to help!

At Maier & Associates, we are committed to helping you manage your finances as you strive to achieve your financial goals today, tomorrow, and many years down the road. Your financial success is important to us, which is why we create a wealth management strategy designed to meet your personal financial goals and dreams. Visit our website at http://maierandassociates.com/ or simply give us a call at (800) 282-4503.

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