Weekly Update – May 1, 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 … Continue reading
Weekly Update – April 24, 2023
The Week on Wall Street Stocks remained resilient last week amid mixed earnings reports, hawkish Fed-speak, and lingering recession fears, closing out the five trading days with small losses. The Dow Jones Industrial Average slipped 0.23%, while the Standard & … Continue reading
Weekly Update – April 10, 2023
The Week on Wall Street Stocks ended a shortened week of trading mixed amid revived recession fears on Wall Street triggered by weak economic data. The Dow Jones Industrial Average gained 0.63%, while the Standard & Poor’s 500 slipped 0.10%. … Continue reading
Weekly Updates – April 3, 2023
The Week on Wall Street Stocks rallied last week on receding fears of a widening banking crisis, led by resurging investor interest in technology and communication services names. The Dow Jones Industrial Average gained 3.22%, while the Standard & Poor’s … Continue reading
Weekly Update – March 27, 2023
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 & … Continue reading
Weekly Report – March 20, 2023
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 … Continue reading
Weekly Update – March 13, 2023
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 … Continue reading
Weekly Update – March 6, 2023
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 … Continue reading
Weekly Update – February 27, 2023
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 … Continue reading
Weekly Update – February 20, 2023
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 … Continue reading
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