Market Updates

Market Updates

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Weekly Update – August 29, 2022

Posted on by RCM Investments

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

Posted on by RCM Investments

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

Posted on by RCM Investments

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

Posted on by RCM Investments

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

Posted on by RCM Investments

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

Posted on by RCM Investments

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

Posted on by RCM Investments

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

Posted on by RCM Investments

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

Posted on by RCM Investments

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

Posted on by RCM Investments

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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