Yesterday, stagnancy was the name of the game. Stocks held relatively still but we’ll see if the inflation data dropping tomorrow will jostle the market. As has been the case, regional banks continue their struggle to find solid ground. The sector continues to be shaky and that does not seem to be concluding anytime soon.
Market snapshot as of Friday’s close:
Allegheny Financial increased its position in iShares MSCI EAFE Small-Cap ETF (NASDAQ:SCZ) by nearly 50% in the fourth quarter. This ETF is geared toward Small-Caps in international emerging markets. Check out the news article on our page for more info.
Alphabet Inc. (Nasdaq:GOOG) is up over 22% on the year, beating Nasdaq. After Big Tech flopped in 2022, rollbacks and earnings have helped propel it ahead of the market. We have an analysis for you on our website.
You know the drill, investing always comes with some level of risk, so make sure to do your research and consult with a financial advisor before making any big decisions. Remember, stay smart, stay informed, and stay invested!