The S&P 500 index dropped 0.3% this week as the Trump administration unveiled plans for new tariffs on pharmaceuticals, trucks, and furniture. The S&P 500 ended Friday's session at 6,643.70, marking the gauge's first weekly decline since the week ended Aug. 29. With two trading sessions remaining in September, the S&P is up 2.8% for the month and 13% this year. President Donald Trump said the US will impose tariffs of 25% on heavy trucks and 50% on kitchen cabinets and bathr

The S&P 500 index rose 1.6% this week in a broad advance led by the technology sector as investors grew more hopeful for interest rate cuts. The market benchmark ended the week at 6,584.29 and is now up 1.9% for the month and 12% for the year. Technology stocks led the weekly climb amid better-than-expected quarterly results and increased full-year guidance from Adobe (ADBE) that gave a boost to sentiment around generative artificial intelligence, RBC Capital Markets said in

Sign up to watch the next webinar live here: https://www.silverstonefiduciary.com/webinar-signup Silverstone Financial hosts this Monthly...

The S&P 500 index edged up 0.3% this week as investors considered the potential effects of weaker-than-expected monthly payroll data. The S&P 500 ended the week at 6,481.50. The week's move came in just four sessions as the US stock market was closed on Monday for Labor Day. The index is now up 10% for the year. The August employment report Friday morning showed nonfarm payrolls rose by 22,000, well below the 75,000 increase expected in a survey compiled by Bloomberg. While

The S&P 500 index edged down 0.1% this week but ended August trading with a 1.9% monthly climb. The benchmark index closed at 6,460.26 on Friday, the final trading day of the month. While this marked a slight decline from a week prior and snapped its weekly winning streak, the index still recorded its fourth consecutive monthly gain. It is now up 4.1% for the quarter and 9.8% for the year. Data this week showed US consumer spending rose in July at the fastest pace since Marc