A Culture of Success
In this week’s recap: Plenty of treats for Wall Street this week. Weekly Economic Update October 31, 2022 THE WEEK ON WALL STREET Stocks overcame poor earnings results from some of America’s largest companies to post gains last week as investors cheered positive earnings surprises, easing inflation and a rebound in economic growth. The Dow Read More …
In this week’s recap: Wall Street flips the script, enjoys a rally. Weekly Economic Update October 24, 2022 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 Read More …
In this week’s recap: Volatility reigns; inflation remains unchecked. Weekly Economic Update October 17, 2022 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 & Read More …
In this week’s recap: Boost early in week keeps markets ahead. Weekly Economic Update October 10, 2022 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 Read More …
In this week’s recap: U.S. and U.K. see financial turbulence. Weekly Economic Update October 3, 2022 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%. Read More …
In this week’s recap: Fallout from Powell comments continues. Weekly Economic Update September 26, 2022 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 Read More …
In this week’s recap: White hot inflation report alarms investors. Weekly Economic Update September 19, 2022 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 Read More …
In this week’s recap: Markets upbeat, despite gloomy inflation talk. Weekly Economic Update September 12, 2022 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 Read More …
In this week’s recap: Markets sag, job numbers soar. Weekly Economic Update September 5, 2022 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 Read More …
In this week’s recap: Powell comments spur sell-off on Wall Street. Weekly Economic Update August 29, 2022 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 Read More …