Weekly Update – July 10, 2023

Weekly Update – July 10, 2023

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Weekly Update – July 10, 2023

Posted on by RCM Investments

The Week on Wall Street Rising concerns about further rate hikes sent stocks lower to kick off the second half of trading. The Dow Jones Industrial Average lost 1.96%, while the Standard & Poor’s 500 retreated 1.16%. The Nasdaq Composite … Continue reading

Weekly Update – July 3, 2023

Posted on by RCM Investments

The Week on Wall Street Stocks posted gains for the week to close out a stellar month, aided by positive economic data and reports that all major banks had passed the Federal Reserve’s annual stress test. The Dow Jones Industrial … Continue reading

Weekly Update – June 26, 2023

Posted on by RCM Investments

The Week on Wall Street Stocks took a breather last week as investors digested the previous week’s surge and the month-to-date solid gains. The Dow Jones Industrial Average lost 1.67%, while the Standard & Poor’s 500 fell 1.39%. The Nasdaq … Continue reading

Weekly Update – June 19, 2023

Posted on by RCM Investments

The Week on Wall Street Stocks climbed last week as reassuring inflation data boosted investor hopes that the rate-hike cycle was nearing an end amid fresh economic data pointing to continued economic resilience. The Dow Jones Industrial Average rose 1.25%, … Continue reading

Weekly Update – June 12, 2023

Posted on by RCM Investments

The Week on Wall Street A late-week rally sent stocks into positive territory, with the S&P 500 index closing just shy of the 4,300 mark. The Dow Jones Industrial Average gained 0.34%, while the Standard & Poor’s 500 added 0.39%. … Continue reading

Weekly Report – June 5, 2023

Posted on by RCM Investments

The Week on Wall Street Stocks surged higher in the closing days of a holiday-shortened trading week, ignited by a political resolution on raising the debt ceiling and a strong employment report. The Dow Jones Industrial Average rose 2.02%, while … Continue reading

Weekly Update – May 30, 2023

Posted on by RCM Investments

The Week on Wall Street Markets moved in sync last week with perceived movement in debt ceiling talks, weakening early in the week and then surging on news of progress. A solid quarterly report and guidance from a mega-cap technology … Continue reading

Weekly Update – May 22, 2023

Posted on by RCM Investments

The Week on Wall Street Stocks rallied last week, propelled by growing optimism over reaching a deal on raising the debt ceiling and avoiding a technical debt default by the U.S. The Dow Jones Industrial Average edged 0.38% higher, while … Continue reading

Weekly Update – May 15, 2023

Posted on by RCM Investments

The Week on Wall Street Stocks were mixed last week as good inflation news was offset by mounting debt ceiling concerns and rekindled regional banking fears. The Dow Jones Industrial Average lost 1.11%, while the Standard & Poor’s 500 slipped … Continue reading

Weekly Update – May 8, 2023

Posted on by RCM Investments

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 … Continue reading

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