Weekly Update – August 29, 2022
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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
Weekly Update – August 22, 2022
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
Weekly Update – August 1, 2022
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
Weekly Update – July 25, 2022
The Week on Wall Street Stocks rallied last week as investor spirits lifted thanks to a better-than-expected start to the second-quarter earnings season. The Dow Jones Industrial Average gained 1.95%, while the Standard & Poor’s 500 added 2.55%. The Nasdaq … Continue reading
Weekly Update – July 18, 2022
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 losses were pared by a Friday rally. The Dow Jones Industrial Average slipped 0.16%, while the … Continue reading
Weekly Update – July 11, 2022
The Week on Wall Street In a holiday-shortened trading week, stocks rallied despite mixed economic data and vacillating energy prices and bond yields. The Dow Jones Industrial Average increased 0.77%, while the Standard & Poor’s 500 rose 1.94%. The Nasdaq … Continue reading
Weekly Update – June 13, 2022
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
Weekly Update – June 6, 2022
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
Weekly Update – May 23, 2022
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
Weekly Update – May 16, 2022
The Week on Wall Street In a volatile trading week, stocks extended their losses as economic growth and inflation concerns soured investor sentiment. The Dow Jones Industrial Average dropped 2.14%, while the Standard & Poor’s 500 lost 2.41%. The Nasdaq … Continue reading
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