Quantcast
Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
ALERT

Strong Defense Leads to 25% Gain for Best Dividend Aerospace Pick

Dividend logo

Heading into the last week of July, we aren’t exactly happy. After last weeks’ worth of record gains, the major markets spent much of their time trending downward this week. A multitude of factors caused stocks to give up their recent gains.

Data for the most part was poor, with measures of employment, manufacturing, and consumer health showing some troubling declines. Likewise earnings have been rather mixed. Several bellwethers have either hit it out of the park or stumbled hard this earnings season. Traders have been reacting to that in a mostly negative way.

Also acting negatively toward that was the Fed. This week was the latest FOMC meeting, and the central bank decided to leave rates where they were. The Fed gave a cautious tone about the economy — both here and abroad — and left the possibility of raising rates at next meeting. However, some analysts have predicted that the Fed has already missed the boat on this tightening cycle.

As a result, stocks spent much of the week on the downside.

To read the Full Story, Go Premium or Log In

Popular Articles

Premium Shutterstock 434272999
News

The Market Wrap for July 28: Fed Stands Firm

This week, investors were greeted with an old foe: the Federal Reserve.

Traders were focused on...

Premium Shutterstock 512665549
News

Get to Know QLAC

One of the biggest problems facing investors these days is longevity. Thanks to advances in...

Dividend Investing 101

Performance of Dividend-Paying Stocks Over the Long Term

Most value investors realize the power of long-term investing strategies in creating and...