Weekly Economic Update – 5/8/2023

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The Week on Wall Street A Friday rebound, triggered by a big tech company’s earnings beat and a strong jobs report, shaved much of the week’s accumulated losses. The Dow Jones Industrial Average fell 1.24%, while the Standard & Poor’s […]

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Weekly Economic Update – 5/2/2023

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The Week on Wall Street Strong earnings from several mega-cap technology companies offset renewed regional banking jitters and weak economic data, leaving stocks higher for the week. The Dow Jones Industrial Average gained 0.86%, while the Standard & Poor’s 500 […]

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Weekly Economic Update – 3/27/23

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The Week on Wall Street Modest gains in major market indices masked sharp volatility amid the uncertainty arising from mixed messages emanating from public officials and revived banking fears. The Dow Jones Industrial Average gained 1.18%, while the Standard & […]

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Weekly Economic Update – 3/21/23

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The Week on Wall Street Amid the reverberations of two U.S. banks being taken over by regulators and the spread of uncertainty to European banks, stocks trended higher last week on the strength of the technology sector. The Dow Jones […]

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Weekly Economic Update – 3/13/23

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The Week on Wall Street Stocks tumbled last week as investors reconsidered their interest rate expectations after Fed Chair Powell’s Congressional testimony that rates may need to go higher. Stocks also were rattled when a west coast bank was placed […]

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Weekly Economic Update – 3/7/23

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The Week on Wall Street A late-week surge, triggered by reassuring Fed-speak, propelled stocks higher last week. The Dow Jones Industrial Average gained 1.75%, while the Standard & Poor’s 500 advanced 1.90%. The Nasdaq Composite index picked up 2.58% for […]

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Weekly Economic Update – 02/28/23

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The Week on Wall Street Concerns over a firmer monetary policy were heightened by fresh economic data, touching off a climb in bond yields and a slide in stock prices last week. The Dow Jones Industrial Average skidded 2.99%, while […]

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Weekly Economic Update – 2/21/23

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The Week on Wall Street Growing concerns about further interest rate hikes, prompted by fresh economic data, reversed early-week gains, and left stocks mixed for the week. The Dow Jones Industrial Average slipped 0.13%, while the Standard & Poor’s 500 […]

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