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Author Archives: Peter Nulty
We’re talking Federal Reserve policy, the rally in municipal bonds, concerns in the high-yield corporate space, and how all this affects investment strategy with Jim Kochan, chief fixed-income strategist with Wells Fargo Funds Management, LLC, in this excerpt of On … Continue reading
The Dow fell 143 points, the Nasdaq lost 54, and the S&P 500 Index declined 17. Zoe’s Kitchen (ZOES), one of three IPOs today, gained 64% in its first day of trading. Twenty-five of the Dow’s thirty components lost ground, … Continue reading
This week we’re covering FOMC meeting minutes and the market’s reaction, the rally in municipal bonds, concerns in the high-yield corporate space, and how all of this affects investment strategy. With us again is Jim Kochan, chief fixed-income strategist with … Continue reading
In spite of a good jobs report, stocks resumed their retreat, with tech stocks leading the way down. The Dow lost 266 points, the Nasdaq fell by 129, and the S&P 500 Index declined by 39. Twenty-eight of the Dow’s … Continue reading
Technology stocks led a retreat in the major stock indexes, with bellwether giants leading the way: Google (GOOG) fell 4%, Amazon (AMZN) lost 3%, and Facebook (FB) declined by 4%. The Nasdaq suffered its biggest retreat of the year, falling … Continue reading
Both the Dow and the S&P 500 Index crossed into record territory before retreating. The Dow lost 0.45 points, the Nasdaq fell by 38, and the S&P 500 Index declined by 2. Seventeen of the Dow’s thirty components gained ground, … Continue reading
On the last day of the quarter, Federal Reserve Chair Yellen pleased Wall Street by saying the Fed will not quickly reverse its stimulus policies because the economy is still in weak condition. The Dow gained 134 points, the Nasdaq … Continue reading
The major stock indexes ended a volatile week with modest gains. The Dow gained 58 points, the Nasdaq rose by 4, and the S&P 500 Index advanced 8. Twenty-six of the Dow’s thirty components gained ground, led by Microsoft (MSFT), … Continue reading
Investors of all ages might need to rethink their retirement strategy. What aspects need rethinking and what are the advantages? Here to answer is Wayne Badorf, CFP®, CFS®, head of Intermediary Sales with Wells Fargo Asset Management, Wells Fargo & … Continue reading