Market Updates

Market Updates

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Weekly Update – October 24, 2022

Posted on by RCM Investments

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

Posted on by RCM Investments

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

Posted on by RCM Investments

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

Posted on by RCM Investments

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

Posted on by RCM Investments

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

Posted on by RCM Investments

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

Posted on by RCM Investments

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

Posted on by RCM Investments

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

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

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