Weekly Economic Update – 1/23/23

Posted on

The Week on Wall Street Stocks showed mixed results last week as recession fears resurfaced in response to weak economic data and a tepid start to a new corporate earnings season. The Dow Jones Industrial Average skidded 2.70%, while the […]

Continue reading this article.

Weekly Economic Update- 11/14/22

Posted on

The Week on Wall Street A cooling inflation number ignited a powerful rally on Thursday, sending stocks to strong gains for the week. The Dow Jones Industrial Average gained 4.15%, while the Standard & Poor’s 500 added 5.90%. The Nasdaq […]

Continue reading this article.

Weekly Economic Update – 11/7/22

Posted on

The Week on Wall Street Hawkish comments by Fed Chair Jerome Powell, following the announcement of another 75 basis points interest rate hike last week, cast a pall over financial markets, sending yields higher and stocks lower. The Dow Jones […]

Continue reading this article.

Weekly Economic Update 10/31/2022

Posted on

The Week on Wall Street Stocks overcame poor earnings results from some of America’s largest companies to post gains last week as investors cheered positive earnings surprises, easing inflation and a rebound in economic growth. The Dow Jones Industrial Average […]

Continue reading this article.

Weekly Economic Update 10/17/22

Posted on

The Week on Wall Street Stocks were mixed last week amid wide intra- and inter-day price swings, as technology shares bore the brunt of the downdraft. The Dow Jones Industrial Average gained 1.15% for the week. Meanwhile, the Standard & […]

Continue reading this article.

Weekly Economic Update -10/10/2022

Posted on

The Week on Wall Street A powerful two-day stock rebound cemented a positive week for investors as a new trading month began. The Dow Jones Industrial Average rose 1.99%, while the Standard & Poor’s 500 added 1.51%. The Nasdaq Composite […]

Continue reading this article.

Weekly Economic Update

Posted on

The Week on Wall Street Rising recession fears and uncertainty in the bond and currency markets sent stocks to new 2022 lows last week. The Dow Jones Industrial Average declined 2.92%, while the Standard & Poor’s 500 slumped 2.91%. The […]

Continue reading this article.

Weekly Economic Update 9/26/22

Posted on

The Week on Wall Street Last week, Fed Chair Powell said the U.S. would not tame inflation without economic pain. This week heightened recession fears and sent stocks broadly lower. The Dow Jones Industrial Average dropped 4.00%, while the Standard […]

Continue reading this article.

Weekly Economic Update -9/19/2022

Posted on

The Week on Wall Street A hotter-than-expected inflation report sent stocks sharply lower last week as investors faced the prospect of more aggressive interest rate hikes by the Federal Reserve for perhaps a longer period. The Dow Jones Industrial Average […]

Continue reading this article.

Weekly Economic Update 9/5/22

Posted on

The Week on Wall Street The overhang of Fed Chair Powell’s Jackson Hole speech the previous week carried over into last week as investors recalibrated stock valuations amid a seemingly more assertive monetary policy stance. The Dow Jones Industrial Average […]

Continue reading this article.

Weekly Economic Report 8/29/22

Posted on

The Week on Wall Street A comprehensive sell-off on Friday following comments by Fed Chair Jerome Powell drove stocks to losses for the week. The Dow Jones Industrial Average tumbled 4.22%, while the Standard & Poor’s 500 dropped 4.04%. The […]

Continue reading this article.

Weekly Economic Update -8/22/22

Posted on

The Week on Wall Street Stocks tumbled on Friday, sending stocks to a weekly loss after an otherwise quiet August week of trading. The Dow Jones Industrial Average slipped -0.16%, while the Standard & Poor’s 500 lost 1.21%. The Nasdaq […]

Continue reading this article.

Weekly Economic Update – 8/15/22

Posted on

The Week on Wall Street An improving inflation outlook buoyed investors’ spirits last week, helping lift stocks to solid gains. The Dow Jones Industrial Average advanced 2.92%, while the Standard & Poor’s 500 rose 3.26%. The Nasdaq Composite index added […]

Continue reading this article.

Weekly Economic Update – 8/8/2022

Posted on

The Week on Wall Street Stocks turned in a mixed performance last week as investors struggled with headlines suggesting that the Fed was unlikely to soon ease up on its current monetary tightening policy. The Dow Jones Industrial Average slipped […]

Continue reading this article.

Weekly Economic Update- 8/1/2022

Posted on

The Week on Wall Street Undaunted by another Fed rate hike and news of a contracting economy, the stock market rallied last week on better-than-expected corporate earnings. The Dow Jones Industrial Average increased 2.97%, while the Standard & Poor’s 500 […]

Continue reading this article.

Weekly Economic Update -7/18/22

Posted on

The Week on Wall Street A record-high inflation report, the prospects of a more aggressive Fed, and growing recession fears sent stocks lower– though a Friday rally pared losses. The Dow Jones Industrial Average slipped 0.16%, while the Standard & […]

Continue reading this article.

Weekly Economic Update – 7/5/22

Posted on

The Week on Wall Street Stocks turned lower as a quiet news week offered investors little fresh visibility into the market overhangs of economic slowdown and inflation. The Dow Jones Industrial Average dipped 1.28%, while the Standard & Poor’s 500 […]

Continue reading this article.

Weekly Economic Update -6/27/22

Posted on

The Week on Wall Street Prospects of cooling inflation powered a rally in stock prices last week despite growing recession concerns. The Dow Jones Industrial Average gained 5.39%, while the Standard & Poor’s 500 climbed 6.45%. The Nasdaq Composite index […]

Continue reading this article.

Weekly Economic Update -6/13/22

Posted on

The Week on Wall Street A higher-than-expected inflation report triggered a sell-off on Friday, leaving stocks in the red for the week. The Dow Jones Industrial Average lost 4.58%, while the Standard & Poor’s 500 dropped 5.05%. The Nasdaq Composite […]

Continue reading this article.

Weekly Economic Update -6/6/2022

Posted on

The Week on Wall Street In a holiday-shortened week of volatile trading, stocks surrendered some of the previous week’s strong gains. The Dow Jones Industrial Average fell 0.94%, while the Standard & Poor’s 500 declined 1.20%. The Nasdaq Composite index […]

Continue reading this article.

Weekly Economic Update – 6/1/22

Posted on

The Week on Wall Street Stocks posted solid gains for the week, buoyed by the release of Fed meeting minutes and upbeat earnings from mid-size and discount retailers. The Dow Jones Industrial Average jumped 6.24%, while the Standard & Poor’s […]

Continue reading this article.

Weekly Economic Update – 5/23/22

Posted on

The Week on Wall Street Recession fears grew last week following weak earnings reports from major retailers, sending stocks lower. The Dow Jones Industrial Average fell 2.90%, while the Standard & Poor’s 500 lost 3.05%. The Nasdaq Composite index dropped […]

Continue reading this article.

Weekly Economic Update -5/9/2022

Posted on

The Week on Wall Street With the Fed in focus, the markets experienced wide price swings over the course of last week, as technology companies led the market lower. The Dow Jones Industrial Average slipped 0.24%, while the Standard & […]

Continue reading this article.

Weekly Economic Update -5/2/22

Posted on

The Week on Wall Street On Friday, a sharp sell-off sent major stock market indices into negative territory for the week, capping a volatile close to April. The Dow Jones Industrial Average declined 2.47%, while the Standard & Poor’s 500 […]

Continue reading this article.

Weekly Economic Update – 4/18/2022

Posted on

The Week on Wall Street Stocks posted losses in a holiday-shortened trading week as the first-quarter earnings season kicked off and investors digested new inflation data.  The Dow Jones Industrial Average declined 0.78%, while the Standard & Poor’s 500 fell […]

Continue reading this article.

Weekly Economic Update – 4/11/22

Posted on

The Week on Wall Street Stock prices fell last week in response to the Fed’s plan to combat inflation, which staked out a more aggressive stance than investors had anticipated.  The Dow Jones Industrial Average slipped 0.28%, while the Standard […]

Continue reading this article.

Weekly Economic Update – 3/29/22

Posted on

The Week on Wall Street With growing confidence in the economy’s resilience, stocks posted another week of solid gains. The Dow Jones Industrial Average rose 0.31%, while the Standard & Poor’s 500 advanced 1.79%. The Nasdaq Composite index picked up […]

Continue reading this article.

Weekly Economic Update -9/12/22

Posted on

The Week on Wall Street In a holiday-shortened week of trading, stocks posted healthy gains despite more tough talk on monetary policy from Fed officials. The Dow Jones Industrial Average rose 2.66%, while the Standard & Poor’s 500 gained 3.65%. […]

Continue reading this article.

Weekly Economic Report- 12/20/21

Posted on

The Week on Wall Street Stock prices retreated last week as global central banks joined the Federal Reserve in taking steps to tighten monetary policy. The Dow Jones Industrial Average fell 1.68%, while the Standard & Poor’s 500 dropped 1.94%. […]

Continue reading this article.

Weekly Economic Update – 12/14

Posted on

The Week on Wall Street A more benign reassessment of the possible economic risk posed by Omicron sent stocks sharply higher last week. The Dow Jones Industrial Average picked up 4.02%, while the Standard & Poor’s 500 advanced 3.82%. The […]

Continue reading this article.

Weekly Economic Update- 11/29/21

Posted on

The Week on Wall Street News of a new, highly virulent COVID variant triggered a market sell-off on Friday, sending stocks into negative territory for the week. The Dow Jones Industrial Average slid 1.97%, while the Standard & Poor’s 500 […]

Continue reading this article.

Weekly Economic Update – 11/1/21

Posted on

The Week on Wall Street A fresh wave of positive corporate earnings surprises sent markets to new record highs last week. The Dow Jones Industrial Average increased 0.40%, while the Standard & Poor’s 500 rose 1.33%. The Nasdaq Composite index […]

Continue reading this article.

Weekly Economic Update- 10/26/21

Posted on

The Week on Wall Street Stocks rallied last week on a stream of positive corporate earnings surprises. The Dow Jones Industrial Average rose 1.08%, while the Standard & Poor’s 500 advanced 1.64%. The Nasdaq Composite index gained 1.29% for the […]

Continue reading this article.

Weekly Economic Update – 10/18/21

Posted on

The Week on Wall Street A strong opening to the third-quarter earnings season sparked a late week, broad-based rally that helped stocks finish the week with solid gains. The Dow Jones Industrial Average rose 1.58%, while the Standard & Poor’s […]

Continue reading this article.

Weekly Economic Update- 10/11/21

Posted on

The Week on Wall Street The overhang of bumping against the federal debt ceiling was lifted last week with an agreement to extend the debt ceiling through early December, helping propel stocks to a weekly gain. The Dow Jones Industrial […]

Continue reading this article.