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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET Stocks Rise at the Open as Investors Await Alibaba to Begin Trading U.S. stocks rose for a fourth day as Alibaba shares prepared to start trading and corporate takeovers boosted investor optimism. The Chinese company’s shares are currently indicated to begin trading at $89 to $91 apiece, after the IPO was priced […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET Dow Average Rises to Record at the Open after Jobless Claims Data Today’s data showed fewer Americans filing for jobless claims and investors speculated interest rates will remain low. The Fed renewed its pledge to keep interest rates near zero for a “considerable time” after its bond-buying program ends, probably next month. […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks, Bonds Gain on Price Data at the Open before Fed Decision The Fed will probably maintain its pledge to keep rates low for a “considerable time” after ending asset purchases. Traders see a 56 % chance the Fed will increase its benchmark rate to at least 0.5 % by July […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Rise at the Open as Bonds Fluctuate Amid Fed Meeting European equities retreated as German investor confidence waned amid political uncertainty from Scotland to Ukraine. Oil gained. Fed officials meet to review policy today and tomorrow. Alibaba Boosts Possible IPO to $21.8 Billion amid Demand Alibaba raised the amount it’s […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Fall on Factory Data as Tech Shares Slump Microsoft agreed to acquire Mojang for $2.5 billion. Apple said pre-orders for its iPhone 6 and iPhone 6 Plus topped 4 million in the first 24 hours. OECD trimmed its growth forecasts for the biggest developed economies in the face of increasing […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Decline at the Open on Fed Bets After Retail Sales Climb Energy shares in the S&P 500 fell 0.8 %, extending losses for the week to 3 %. The Thomson Reuters/University of Michigan preliminary consumer sentiment index rose to 84.6 in September from 82.5 the month before. AT&T Offers $300 […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Fall at the Open as Oil Tumbles, Investors Consider Rates Energy producers slid with the price of oil and investors speculated on the timing of interest-rate increases. Brent crude touched the lowest intraday level in more than two years. The number of Americans filing for unemployment benefits unexpectedly rose last […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Fluctuate as Investors Weigh Timing on Rates Energy shares slumped for a third day and investors considered the timing of possible interest-rate increases. The Fed is gauging the strength of the economy as it winds down a bond-buying program and considers raising rates. Policy officials next meet Sept. 16-17. The […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Drop at the Open amid Rate Concerns as Bank Shares Slump Research by the Fed Bank of San Francisco released yesterday suggests investors may be underestimating how quickly policy makers could raise key borrowing costs. Apple advanced 1.1 % to $99.41. The company will unveil the latest iPhones and a […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Changed Little at the Open after S&P 500 Climbs to Record Of the S&P 500 companies that reported results for the last quarter, 75 % exceeded earnings estimates, while 65 % surpassed sales S&P 500 Beating World Most Since 1969 The Standard & Poor’s 500 Index is returning almost six […]

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All Financial Consultants at Pence Wealth Management are Registered Representatives with, and securities and Advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA & SIPC. Financial Planning offered through Pence Wealth Management, a Registered Investment Advisor and separate entity from LPL Financial. The LPL Financial representative associated with this website may only discuss and/or transact securities business with residents of the following states: Alaska (AK), Alabama (AL), Arkansas (AR), Arizona (AZ), California (CA), Colorado (CO), Delaware (DE), Florida (FL), Georgia (GA), Hawaii (HI), Idaho (ID), Illinois (IL), Kansas (KS), Louisiana (LA), Massachusetts (MA), Michigan (MI), Minnesota (MN), Missouri (MO), North Carolina (NC), New Hampshire (NH), New Jersey (NJ), New Mexico (NM),

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