Weekly Economic Update

In this week’s recap: Markets tap brakes, but hold fast against downbeat news. Weekly Economic Update August 22, 2022 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 Read More …

Weekly Economic Update

In this week’s recap: Stocks have a warmer week as inflation cools. Weekly Economic Update August 15, 2022 THE WEEK ON WALL STREET An improving inflation outlook buoyed investors’ spirits last week, helping lift stocks to solid gains. The Dow Jones Industrial Average advanced 2.92%, while the Standard & Poor’s 500 rose 3.26%. The Nasdaq Read More …

Weekly Economic Update

In this week’s recap: Mixed week for markets; jobs on the rise. Weekly Economic Update August 8, 2022 THE WEEK ON WALL STREET Stocks turned in a mixed performance last week as investors struggled with headlines suggesting that the Fed was unlikely to soon ease up on its current monetary tightening policy. The Dow Jones Read More …

Weekly Economic Update

In this week’s recap: Markets rally; earnings better than expected. Weekly Economic Update August 1, 2022 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 Read More …

Weekly Economic Update

In this week’s recap: Markets react to dim forecast, 2Q reports. Weekly Economic Update July 25, 2022 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%. Read More …

Weekly Economic Update

In this week’s recap: Friday rally stems week of losses. Weekly Economic Update July 18, 2022 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 a Friday rally pared losses. The Dow Jones Industrial Average slipped 0.16%, while the Standard Read More …

Weekly Economic Update

In this week’s recap: Stocks rally despite mixed data. Weekly Economic Update July 11, 2022 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 Read More …

Weekly Economic Update

In this week’s recap: Pre-holiday markets see no rebound. Weekly Economic Update July 4, 2022 THE WEEK ON WALL STREET Stocks turned lower as a quiet news week offered investors little fresh visibility into the market overhangs of economic slowdown and inflation. The Dow Jones Industrial Average dipped 1.28%, while the Standard & Poor’s 500 Read More …

Weekly Economic Update

In this week’s recap: Stocks rally, despite recession concerns. Weekly Economic Update June 27, 2022 THE WEEK ON WALL STREET Prospects of cooling inflation powered a rally in stock prices last week despite growing recession concerns. The Dow Jones Industrial Average gained 5.39%, while the Standard & Poor’s 500 climbed 6.45%. The Nasdaq Composite index Read More …

Weekly Economic Update

In this week’s recap: Fed rate hike triggers market dip. Weekly Economic Update June 20, 2022 THE WEEK ON WALL STREET Stocks moved lower last week as recession fears deepened following a Fed hike in interest rates and weak economic data. The Dow Jones Industrial Average fell 4.79%, while the Standard & Poor’s 500 dropped Read More …