Financial News and Portfolio Management Discussion through June 9th

All the news you need to stay informed about what’s currently driving the market — courtesy of Raffa Wealth Management, LLC.

US stocks rose over the week despite trade tensions.  The S&P 500 gained 1.6% and the Dow advanced 2.8%, for the week.  Abroad, Europe eased 0.5% and Japan surged 2.4%, for the week.  The yield on the 10-year Treasury edged up over the week to finish at 2.93%.  Article

Business activity in Europe reached its lowest level in a year and a half in May.

China said it would buy $70 billion of US goods if the US dropped its threated tariffs.

In April, for the first time since records were kept starting in 2000, there were more job openings than job seekers.  Article

 

 

There is no guarantee that any investment strategy, including those described here, will be successful. Any investment or investment strategy can lose money. Past performance does not guarantee or predict future results. You should not assume that any discussion or information contained in this newsletter serves as the receipt of, or as a substitute for, personalized investment advice from Raffa Wealth Management, LLC. This information was gathered from reliable sources but we cannot guarantee accuracy. Indexes do not reflect the fees associated with actual investments and such fees would reduce the performance illustrated.
Bookmark this page