Weekly Economic Update – 1/31/23

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The Week on Wall Street Stocks added to their early 2023 gains amid a busy stream of mixed corporate earnings results and conflicting economic data. The Dow Jones Industrial Average gained 1.81%, while the Standard & Poor’s 500 added 2.47%. […]

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Weekly Economic Update – 1/23/23

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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 […]

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Weekly Economic Update – 1/17/2023

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The Week on Wall Street Stocks rallied last week thanks to fresh confirmation of inflation’s cooling trend and growing optimism that an inflation slowdown may provide the Fed with space to ease up on future rate hikes. The Dow Jones […]

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Weekly Economic Update – 1/10/23

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The Week on Wall Street A strong Friday rally triggered by fresh signs of moderating inflation pushed stocks into positive territory to begin the new year. The Dow Jones Industrial Average rose 1.46%, while the Standard & Poor’s 500 advanced […]

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Weekly Economic Update – 1/02/23

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The Week on Wall Street In a holiday-shortened week, erratic trading left stocks marginally down for the week. The Dow Jones Industrial Average lost 0.17%, while the Standard & Poor’s 500 slipped 0.14%. The Nasdaq Composite index fell 0.30%. The […]

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Weekly Economic Update – 11/21/22

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The Week on Wall Street The stock market edged lower last week as it digested a crosscurrent of conflicting economic data and contrasting comments from Fed officials. The Dow Jones Industrial Average was flat (-0.01%), while the Standard & Poor’s […]

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Weekly Economic Update- 11/14/22

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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 […]

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Weekly Economic Update – 11/7/22

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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 […]

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