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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Edge Down at the Open But Head for Biggest Monthly Gain since February The S&P 500 has added 3.4 % in August and rallied for the past four weeks, pushing the index above 2,000 for the first time. U.S. household purchases decreased 0.1 % after increasing 0.4 % in June. […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Drop at the Open on Ukraine Conflict, Retailer Earnings The US economy expanded more than previously forecast in the second quarter, propelled by the biggest gain in business investment in more than two years that bodes well for the rest of 2014. GDP rose at a 4.2 % annualized rate, […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Fluctuate at the Open as S&P 500 Index Trades Near 2,000 The U.S. equity benchmark has climbed 0.6 % over the past two days, closing at 2,000.02 yesterday, after data added to signs the economy is strengthening. Rallies from Brazil to Japan and the U.S. gauge’s first trip above 2,000 […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET Stocks Rise at the Open on Durable Goods Data with S&P 500 Near 2,000 The Standard & Poor’s 500 Index is holding above 2,000 on evidence the economy is improving after a report showed the biggest ever increase in durable-goods orders. Orders for U.S. durable goods jumped 22.6% in July as bookings […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Rally at the Open as S&P 500 Touches 2,000 for First Time  The S&P 500 rose for a third straight week, reaching an all-time high on Aug. 21, on bets the Federal Reserve will support the economy by keeping interest rates low even as the economy shows signs of gaining strength.  The […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET S&P 500 Fluctuates After Record amid Yellen Comments Federal Reserve Chair Janet Yellen said slack remains in the U.S. labor market. Optimism that the Fed will support a recovering economy sent the S&P 500 to an all-time closing high of 1,992.37 yesterday. Data from housing to manufacturing indicated that the world’s largest […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Fluctuate on Economic Data, Fed Speculation The Standard & Poor’s 500 Index climbed to an all-time high of 1991.59 at the open. Purchases of previously owned U.S. homes unexpectedly rose in July to a 10-month high as low borrowing costs and an increase in inventory drew buyers. The Conference Board’s […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Little Changed at the Open as Lowe’s Slumps before Fed The annual Fed Bank of Kansas City’s economic symposium starts tomorrow in Jackson Hole, Wyoming. Fed Chair Janet Yellen and ECB President Mario Draghi will discuss their outlook for the economy and monetary policy on Aug. 22. Three rounds of […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Rise on Inflation Data as Home Depot Climbs U.S. stocks advanced, after the Nasdaq Composite Index climbed to a 14-year high yesterday. Home Depot gained 3.9 % after earnings topped analysts’ estimates and the company raised its forecast. The Fed will release the minutes of its last gathering tomorrow, before […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Advance at the Open as Concerns Ease Over Ukraine and Iraq U.S. stocks rose as diplomats from Ukraine and Russia discussed a possible truce and Kurdish forces made progress against militants in Iraq. Dollar General surged 9.1 percent after offering $9.7 billion for Family Dollar Stores. Family Dollar rallied 4.7 […]

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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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