WEEKLY UPDATE: Holiday Spending Up
Eric Hagen Eric Hagen

WEEKLY UPDATE: Holiday Spending Up

Stocks notched a slight gain over the holiday week. A tech-driven rally in the first half of the week was clawed back in the second half as investors took profits following the market holiday.

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Fed Cuts Interest Rate by Half-Point
Eric Hagen Eric Hagen

Fed Cuts Interest Rate by Half-Point

Stocks moved higher last week after the Federal Reserve’s half-point rate cut, bolstered by multiple data points supporting a cooling but still strong economy and decelerating inflation.

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