In this week’s recap: Stocks dip on inflation report. Weekly Economic Update Presented by «RepresentativeName», June 13, 2022 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%. Read More …

In this week’s recap: Stocks slip on mixed economic news. Weekly Economic Update June 6, 2022 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 Read More …

In this week’s recap: Confidence in Fed helps spark market rally. Weekly Economic Update May 30, 2022 THE WEEK ON WALL STREET Stocks posted solid gains for the week, buoyed by the release of Fed meeting minutes and upbeat earnings from mid-size and discount retailers. The Dow Jones Industrial Average jumped 6.24%, while the Standard Read More …

In this week’s recap: Recession concerns rising. Weekly Economic Update May 23, 2022 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 3.82% for Read More …

In this week’s recap: Inflation takes center stage. Weekly Economic Update May 16, 2022 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 Composite Read More …

In this week’s recap: Tighter money policy; Market drops. Weekly Economic Update May 9, 2022 THE WEEK ON WALL STREET With the Fed in focus, the markets experienced wide price swings over the course of last week, as technology companies led the market lower. The Dow Jones Industrial Average slipped 0.24%, while the Standard & Read More …

In this week’s recap: Economy slows; Stocks retreat. Weekly Economic Update May 2, 2022 THE WEEK ON WALL STREET On Friday, a sharp sell-off sent major stock market indices into negative territory for the week, capping a volatile close to April. The Dow Jones Industrial Average declined 2.47%, while the Standard & Poor’s 500 tumbled Read More …

In this week’s recap: Powell favors quick movement on rising interest rates. Weekly Economic Update April 25, 2022 THE WEEK ON WALL STREET Hawkish comments from Fed Chair Jerome Powell overshadowed many largely positive earnings results, sending stocks lower for the week. The Dow Jones Industrial Average declined 1.86%, while the Standard & Poor’s 500 Read More …

In this week’s recap: Earnings season begins. Weekly Economic Update April 18, 2022 THE WEEK ON WALL STREET Stocks posted losses in a holiday-shortened trading week as the first-quarter earnings season kicked off and investors digested new inflation data.  The Dow Jones Industrial Average declined 0.78%, while the Standard & Poor’s 500 fell 2.13%. The Read More …

In this week’s recap: The Fed signals more aggressive action on interest rates. Weekly Economic Update April 11, 2022 THE WEEK ON WALL STREET Stock prices fell last week in response to the Fed’s plan to combat inflation, which staked out a more aggressive stance than investors had anticipated.  The Dow Jones Industrial Average slipped Read More …