NovaPoint Supports Veteran Service Organizations

May 23, 2025

  NovaPoint would like to show our respect for those who have made the ultimate sacrifice in defense of our freedom. In their honor, we are making donations today to two Veteran Service Organizations: the Children of Fallen Patriots Foundation and the Special Operations Medical Association. Children of Fallen Patriots provides college scholarships and educational …

On the Move

May 19, 2025

  Stocks rallied as tame inflation and progress on trade deals calmed fears. For the week, the S&P 500 Index was +5.3%, the Dow Jones Industrials +3.5%, and the NASDAQ +6.9%. The S&P 500 Index was led by the Technology, Consumer Discretionary, and Communication Services sectors, while the Health Care, Real Estate, and Consumer Staples …

Trade Up

May 12, 2025

  An initial trade deal with the United Kingdom and an uneventful Federal Reserve meeting held markets to a small decline last week after back to-back positive weeks. For the week, the S&P 500 Index was -0.4%, the Dow Jones Industrials -0.1%, and the NASDAQ -0.2%. The S&P 500 Index was led by the Industrial, …

Data Check

May 5, 2025

  A flurry of economic data created both an air of pessimism and optimism depending on the day. A 0.3% contraction in first quarter Gross Domestic Product (GDP) growth added to recession fears on Wednesday, but a strong jobs report ended the week on a note of optimism. For the week, the S&P 500 Index …

Economic Pulse

April 28, 2025

  Equity markets clawed back some of their recent declines last week. For the week, the S&P 500 Index was +4.6%, the Dow Jones Industrials +2.5%, and the NASDAQ +6.4%. The S&P 500 Index was led by the Technology, Consumer Discretionary, and Communication Services sectors, while the Consumer Staples, Real Estate, and Utility lagged. The …

Unlocking the Power of Trusts

April 22, 2025

  At NovaPoint, we believe wealth planning is about more than just numbers. It’s about making sure the assets you’ve worked hard to build are protected, thoughtfully managed, and passed down according to your wishes. Trusts are a powerful part of that strategy. But with so many types available, it can be difficult to know …

Trade Dialogue

April 21, 2025

  While there is currently a 90-day pause on the implementation of some tariffs, the impact and timing of trade negotiations with multiple countries presents a risk that is causing some investors to be tentative in buying equities. Last week, the S&P 500 Index was -1.5%, the Dow Jones Industrials -2.7%, and the NASDAQ -2.3%. …

Pause

April 14, 2025

  A 90-day pause in the U.S. tariff implementation plan provided equities a large relief rally last week.  For the week, the S&P 500 Index was +5.7%, the Dow Jones Industrials +5.0%, and the NASDAQ +7.4%. The S&P 500 Index was led by the Technology, Industrial, and Communication Services sectors, while the Energy, Real Estate …