M Notes: Mon, 5-19
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Week Close: 5-16-25 | + (-) | % |
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| Dow | 42,655 | +1,406 | +3.4% |
| S&P | 5,958 | +298 | +5.3% |
| Nasdaq | 19,211 | +1,282 | +7.2% |
| 10-year | 4.45 | +0.07 | +1.6% |
| Oil | 62.49 | +1.47 | +2.4% |
LAST WEEK:
Markets: What a difference a week makes. With a potential trade deal with China in the works, Markets take off.
S&P roller coaster last week: Up really significantly, Up, Up a touch, Up, and Up.
Fed Balance Sheet: $6.713 Trillion.
Housing: They went up +1.6% in April, but were down -1.7% Y/Y.
Industrial production: The April number was flat (0%).
Inflation: Consumer Inflation (the CPI) dropped a tick in April from 2.4% down to 2.3% Y/Y. Wholesale Inflation (the PPI) dropped in April from 2.7% down to 2.4% Y/Y.
Jobless claims: The weekly number came in at 229,000. The four-week average came in at 230,000.
National Debt: $36.869 Trillion. (It’s going up about $29 Billion/week.)
Retail sales: March was revised from +1.4% up to +1.7%. The April number came in +0.1% as expected. Retail sales are up +5.2% Y/Y.
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THIS WEEK:
Focus of the week: It’s a light week for economic data.
Calendar: Existing home sales, jobless claims (Thu), and new home sales (Fri).
Earnings: Some of the companies reporting this week: Chevron, ConocoPhillips, Home Depot, Intuit, Lowe’s, Medtronic, Southern Company, TJX, and UPS.
* The Standard & Poor's 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. The Dow Jones Industrial Average is a price-weighted index of 30 actively traded blue-chip stocks. The NASDAQ Composite Index is an unmanaged, market-weighted index of all over-the-counter common stocks traded on the National Association of Securities Dealers Automated Quotation System. Yahoo! Finance, the Wall Street Journal, Investor’s Business Daily and Barron’s are several of the sources used for financial information.
* The National Debt figure comes from usdebtclock.org.
* Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Consult your financial professional before making any investment decision. You cannot invest directly in an index. Past performance does not guarantee future results. No strategy can assure a profit or protect against a loss. Investments in the securities markets involve risk, such as loss of your principal.