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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Decline at the Open on Ukraine Tensions, Europe Economy Italy cut its growth forecast, German manufacturing shrank and euro-area factories lowered prices in September by the most in more than a year. Equities also fell after a person familiar with German government policy said Russia risks an escalation of European […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Decline at the Open on Russia Concerns, Confidence Data Ford dropped 3.5 % after saying it will miss a profit forecast for 2014. EBay jumped 6.7 % after it said it will separate from its payments unit PayPal next year. Walgreen posts highest quarterly sales growth in 3 years. Russia’s […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Drop at the Open amid Hong Kong Protests, Rate Concerns Protests in Hong Kong added to geopolitical concern. A rebound in consumer spending added to speculation the Federal Reserve may raise interest rates sooner than anticipated. Purchases increased 0.5 % last month after little change in July. Contracts to purchase […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Rebound at the Open on Corporate Results, GDP Report Nike jumped 10 % after reporting first-quarter profit that exceeded analysts’ estimates. Micron Technology added 6.6 % after a surge in quarterly sales beat projections. Data today showed GDP grew at a revised 4.6 % annualized rate, up from a previous […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Decline at the Open amid Jobless Claims, Durables Data Apple dropped 2.3 % as it pulled an update for the iPhone operating system after the new software caused some people to lose cellular service. Data today showed applications for unemployment benefits in the U.S. increased less than forecast last week […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Fluctuate at the Open on Fed Bets after Housing Data Investors assessed a rise in new-home sales for clues on the timing of any increase in interest rates. Bed Bath & Beyond rallied 5.8 % after posting quarterly profit and sales that topped analysts’ estimates. Starz gained 5.4 % after […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Fluctuate at the Open as Health-Care Slump Offsets Energy AbbVie slipped 2.2 % after the Treasury Department disclosed plans to limit tax-driven deals. The Treasury’s new rules on inversions apply to deals that close starting yesterday. The changes will have the biggest effect on the eight U.S. companies with pending […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. Stocks Fall at the Open as Existing Home Sales Unexpectedly Drop The S&P 500 rose 1.3 % last week, reaching a record on Sept. 18. Central bank officials raised their median estimate for the federal funds rate at the end of 2015 to 1.375 %, compared with 1.125 % in June. […]

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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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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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