Weekly Update – November 7, 2022
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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 … Continue reading
Weekly Update – October 31, 2022
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
Weekly Update – October 24, 2022
The Week on Wall Street A positive start to a new earnings season and late-week hopes for a near-term easing in Fed rate hikes lifted investors’ spirits and powered stocks to gains for the week. The Dow Jones Industrial Average … Continue reading
Weekly Update – October 17, 2022
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
Weekly Update – October 10, 2022
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
Weekly Update – October 3, 2022
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
Weekly Update – September 26, 2022
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
Weekly Update – September 19, 2022
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
Weekly Update – September 12, 2022
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
Weekly Update – September 05, 2022
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
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