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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. stocks fell at the open on Thursday following a mixed set of data, including existing homes sales which fell to their lowest in nearly a year. The Federal Reserve on Wednesday embarked on the risky task of winding down the era of easy money, saying the U.S. economy was finally strong enough for […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. stocks opened little changed on Tuesday as the Federal Reserve prepared to begin its last policy-setting meeting of the year. Boeing’s board raised the company dividend about 50 % on Monday and approved $10 billion in new share buyback authority that the company said it would use in the next two […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. stocks rose at the open on Monday as large deals boosted optimism after a steep decline last week, though investors remained heavily focused on an upcoming Federal Reserve policy meeting. Procter & Gamble plans to reorganize its overseas business as part of CEO A.G. Lafley’s plans to cut costs, according to […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET Stocks were little changed at the open Thursday as the market digested mixed data that showed a rise in weekly jobless claims and stronger-than-expected retail sales for November. Stocks posted their largest drop in a month yesterday as traders locked in recent gains after a provisional budget deal out of Washington removed […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET Wall Street fell at the open on Wednesday as investors weighed the possibility of a wind-down of U.S. Federal Reserve stimulus in the wake of a provisional budget deal reached in Washington. Costco reported a first-quarter profit and sales that fell short of analysts’ estimates, hurt by a rise in operating expenses. Operating […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. stocks edged lower at the open on Tuesday on profit-taking after the S&P 500 index climbed to a record in the prior session and on caution the Federal Reserve may end its stimulus efforts sooner than expected. Wall Street faces increased government oversight of trading after U.S. regulators issued what they […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET Wall Street rose modestly at the open on Monday, supported by inflation data from China, but gains were likely to be capped with a number of top Federal Reserve officials speaking throughout the day. McDonald’s reported weaker-than-expected global sales at established restaurants for November, hurt by a sharp drop in comparable-store sales in […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. stocks opened strong on Friday, putting the S&P 500 on track to halt a five-session losing spree, after a stronger-than-expected payrolls report. A $6.4 billion gas project being built by Chevron in China is facing further delays due to disagreements with partner PetroChina over how to develop the technically tricky fields, three industry […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. stocks opened slightly lower on Thursday as traders fretted that strong labor market and economic growth data could make the Federal Reserve push forward a timetable to wind down its asset purchases program. Several major U.S. retailers posted disappointing sales for November after cautious shoppers pinched their pennies at the start […]

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Pence Wealth Management Financial Markets Reports

US FINANCIAL MARKET U.S. stocks opened flat on Wednesday but they turned positive after data showed sales of new single-family homes recorded their biggest increase in nearly 33-1/2 years in October. Apparel retailer Express joined other U.S. retailers in forecasting a weaker-than-expected holiday quarter due to muted Thanksgiving sales and a highly promotional environment. Retailers from Urban Outfitters […]

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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), Connecticut (CT), Delaware (DE), Florida (FL), Georgia (GA), Hawaii (HI), Idaho (ID), Illinois (IL), Kansas (KS), Kentucky (KY), Louisiana (LA), Massachusetts (MA), Michigan (MI), Minnesota (MN), Mississippi (MS), Missouri (MO), Montana (MT), Nebraska (NE), Nevada (NV),

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