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Market Updates

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Commentary provided for informational purposes only and should not be considered as a suggestion of any investment recommendation investment strategy, or as an offer of advice to buy, sell, or exchange any. Investment product or investment vehicle. The view and opinions of Spire Wealth Management, LLC, Spire Securities, LLC, or its affiliates. There can be no assurance that any investment product or strategy will achieve its investment objectives. There are risks associated with investing, including the entire loss of principal invested. Past performances are no guarantee of future results.

Market Updates

Sep-25
As of Market Close September 22, 2023

Last week was a tough one for the markets. Each of the benchmark indexes listed here fell, with the Nasdaq notching its largest weekly decline since March. Many of the market sectors decreased, with only information technology and energy posting modest gains. The yield on 10-year Treasuries, an important indicator of the economy, climbed 11.0 basis points, reaching a 16-year high earlier in the week.  Read More

Sep-18
As of Market Close September 15, 2023

The markets turned in a lackluster week, with only the Dow able to eke out a gain. The remaining benchmark indexes listed here lost value as investors tried to digest mixed economic data, this week’s Federal Reserve meeting, and the impact of the United Auto Workers (UAW) strike. Ten-year Treasury yields settled at 4.32%, the third-highest yield of the year. Rising long-term rates generally impact growth stocks, such as tech shares, by potentially lowering the value of future profits.  Read More

Sep-11
As of Market Close on September 9, 2023

Wall Street saw stocks slide lower last week, with each of the benchmark indexes closing in the red. Trading was choppy throughout the holiday-shortened week as traders anticipated this week’s inflation data. The Russell 2000 fell the furthest, followed by the Nasdaq, the S&P 500, the Global Dow, and the Dow.  Read More

Sep-05
As of Market Close September 1, 2023

The markets enjoyed their best week since June, with each of the benchmark indexes listed here posting solid gains. The latest jobs report (see below) showed the labor market has slowed over the past few months, while unemployment has risen, giving investors reason to think the Federal Reserve may pause interest rate hikes later this month. The majority of the market sectors moved higher, with information technology (5.3%) and energy (4.9%), leading the way. Read More

Aug-28
As of Market Close August 25, 2023

Last week saw Wall Street generally close with a mixed bag of results. The Nasdaq, the S&P 500, and the Global Dow ended the week higher, while the Dow and the Russell 2000 lost value. Investors tried to digest Federal Reserve Chair Jerome Powell’s comments from the annual Jackson Hole Economic Symposium last Friday. Powell indicated that, despite inflation coming down, prices remain too high.  Read More

Aug-21
As of Market Close August 18, 2023

After another week of strong economic data, investors seemed to accept that the Fed may not be done lifting interest rates after all — and that Wall Street might have started celebrating the end of the rate-hike cycle too soon. Each of the benchmark indexes listed here dropped more than 2% by the end of the week, as did crude oil prices.  Read More

Aug-14
As of Market Close August 11, 2023

The S&P 500 and the Nasdaq fell for the second straight week, while the Dow outperformed the benchmark indexes listed here. Stocks have been relatively soft so far in August, which is not out of the ordinary. A slightly hotter-than-expected uptick in producer prices (see below) likely pushed Treasury yields higher, while cooling mega-cap growth shares, which are generally sensitive to interest rate movements.  Read More

Aug-7
As of Market Close August 4, 2023

Stocks endured a losing week for the first time since early July. Each of the benchmark indexes listed here lost value, with the S&P 500 and the Nasdaq suffering the steepest weekly declines since March. Investors dealt with the downgrade of the U.S. government’s credit rating and evidence that job growth may be slowing.  Read More

Video Library

Learn why a live advisor can be more affective than a robo advisor in most cases.


Learn why financial literacy is so important, especially in this day and age.


Learn why it is important to teach your young children about finance and its importance.


Learn the importance of setting realistic financial goals.


Learn the difference between Non-Fiduciary vs Fiduciary and what they offer you.

Advice on how to spend your money after retirement.

*This content is developed from sources believed to be providing accurate information. The information provided is not written or intended as tax or legal advice and may not be relied on for purposes of avoiding any Federal tax penalties. Individuals are encouraged to seek advice from their own tax or legal counsel. Individuals involved in the estate planning process should work with an estate planning team, including their own personal legal or tax counsel. Neither the information presented nor any opinion expressed constitutes a representation by us of a specific investment or the purchase or sale of any securities. Asset allocation and diversification do not ensure a profit or protect against loss in declining markets. This material was developed and produced by Advisor Websites to provide information on a topic that may be of interest. ©Copyright Advisor Websites.

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About Corbett Road

We pride ourselves on our discovery process, comprehensive financial planning, a proprietary approach to tactical investment management, and a high level of client service. We appreciate the uniqueness of each of our clients and the relationships that result from partnering with them.
 

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Toll Free: 844.688.4955 E-mail: info@corbettroad.com 7901 Jones Branch Dr, Suite 800 McLean, VA 22102 Image