This page uses JavaScript. Your browser either doesn't support JavaScript or you have it turned off. To see this page properly please use a JavaScript enabled browser or enable JavaScript . If you aren't sure how to do this, follow these instructions.

Market Summaries: Keep Up-to-date with the Latest Market Information | Wescom Financial Services

Outdated Browser Notification

It appears you are using browser version . The following outdated browsers will no longer be allowed:

If you do not update your browser soon, on July 24, 2017 you will not be able to access WescomFinancial.com.

Click here to download an updated browser and maintain the best online banking experience.

1-888-4WESCOM (1-888-493-7266) ext. 5104

Market Summaries



Market Month: November 2018


Quarterly Market Review: July-September 2018


Annual Market Review 2018


Market Week: January 14, 2019

The Markets (as of market close January 11, 2019)

For the third straight week, stocks posted positive returns by the close of last week. Each of the indexes listed here gained at least 2.40%, with the small caps of the Russell 2000 zooming up by almost 5.0%. Energy shares had a strong week as oil prices rallied. Investors were also encouraged by rhetoric from Federal Reserve chairman Jerome Powell, who advised that the economy remained on solid ground and that the Fed would be sensitive to changes in the economy when determining whether to raise interest rates.

Oil prices climbed last week, closing at $51.67 per barrel by late Friday, up from the prior week's closing price of $48.26 per barrel. The price of gold (COMEX) increased last week, closing at $1,288.50 by last Friday evening, up from the prior week's price of $1,286.70. The national average retail regular gasoline price was $2.237 per gallon on January 7, 2019, $0.029 lower than the prior week's price and $0.285 less than a year ago.

Market/Index2018 ClosePrior WeekAs of 1/11Weekly ChangeYTD Change
DJIA23327.4623433.1623995.95 2.40% 2.87%
Nasdaq6635.286738.866971.483.45% 5.07%
S&P 5002506.852531.942596.262.54% 3.57%
Russell 20001348.561380.751447.384.83% 7.33%
Global Dow2736.742772.412847.602.71% 4.05%
Fed. Funds target rate2.25%-2.50%2.25%-2.50%2.25%-2.50%0 bps0 bps
10-year Treasuries2.68%2.66%2.69%3 bps1 bps

Chart reflects price changes, not total return. Because it does not include dividends or splits, it should not be used to benchmark performance of specific investments.

Last Week's Economic Headlines

  • Consumer prices fell slightly in December, dropping 0.1%, after being unchanged in November. Over the last 12 months ended in December, the index has increased 1.9% — the first time the 12-month change has been under 2.0% since August 2017. Driving the December decrease was a 7.5% decline in the gasoline index. The index less food and energy increased 0.2% in December, the same increase as in October and November. Over the last 12 months, prices excluding food and energy have risen 2.2%.

Eye on the Week Ahead

More reports relating to consumer prices and inflation are on tap for this week. The Federal Reserve's report on industrial production and capacity utilization for December will be worth examining, particularly following purchasing managers' indication last week that manufacturing is slowing.

Data sources: News items are based on reports from multiple commonly available international news sources (i.e. wire services) and are independently verified when necessary with secondary sources such as government agencies, corporate press releases, or trade organizations. Market data: Based on data reported in WSJ Market Data Center (indexes); U.S. Treasury (Treasury yields); U.S. Energy Information Administration/Bloomberg.com Market Data (oil spot price, WTI Cushing, OK); www.goldprice.org (spot gold/silver); Oanda/FX Street (currency exchange rates). All information is based on sources deemed reliable, but no warranty or guarantee is made as to its accuracy or completeness. Neither the information nor any opinion expressed herein constitutes a solicitation for the purchase or sale of any securities, and should not be relied on as financial advice. Past performance is no guarantee of future results. All investing involves risk, including the potential loss of principal, and there can be no guarantee that any investing strategy will be successful.

The Dow Jones Industrial Average (DJIA) is a price-weighted index composed of 30 widely traded blue-chip U.S. common stocks. The S&P 500 is a market-cap weighted index composed of the common stocks of 500 leading companies in leading industries of the U.S. economy. The NASDAQ Composite Index is a market-value weighted index of all common stocks listed on the NASDAQ stock exchange. The Russell 2000 is a market-cap weighted index composed of 2,000 U.S. small-cap common stocks. The Global Dow is an equally weighted index of 150 widely traded blue-chip common stocks worldwide. Market indices listed are unmanaged and are not available for direct investment.


© 2013 Broadridge Investor Communication Solutions, Inc. All rights reserved.