Fed and Middle East Conflict Diminish Stocks – Weekly Update

April 22, 2024 | By Steven DiGregorio

Stocks fell for a third straight week, as Fed Chair Jerome Powell’s mixed but upbeat message could not offset the anxiety caused by the Middle East conflict. Stocks Retreat Markets began the week rattled by further escalation in the Middle East over the weekend. A bit of good news punctuated an otherwise sour Monday, as […] READ MORE

Stocks Startled By Inflation, Conflict – Weekly Update

April 15, 2024 | By Steven DiGregorio

Stocks fell last week as investors sorted through conflicting inflation reports and assessed geopolitical tensions. Inflation Spooks Markets On Wednesday, the March Consumer Price Index (CPI) report rattled markets, revealing that inflation accelerated slightly more than expected. Bond yields rose, and stocks retreated in response, as investors feared the news could influence the Fed’s rate […] READ MORE

Fed Comments Stir the Pot for Stocks – Weekly Update

April 8, 2024 | By Steven DiGregorio

Stocks dropped last week as investors focused on “what’s next” for interest rates after mixed comments from multiple Fed officials. Fed Officials Weigh In Stocks struggled out of the gate again last week, ending Monday and Tuesday in the red on concerns that recent economic data could derail the Fed’s plan for short-term rates. The […] READ MORE

Stocks Narrowly Higher – Weekly Update

April 1, 2024 | By Steven DiGregorio

Stocks were narrowly higher for the week as investors digested mixed economic news about consumer confidence. All three of the major averages posted gains for Q1 2024. Stocks Finish Strong Markets slipped for the first half of the four-day week as investors took a breather after the prior week’s gain. Conflicting economic news on Monday […] READ MORE

Fed Talk Boosts Stocks – Weekly Update

March 25, 2024 | By Steven DiGregorio

Stocks posted their best week of the year, sparked by news that the dovish Fed decided to keep rates steady and signaled three rate cuts were still possible this year. Stocks Bounce Back As widely expected, the Fed left rates unchanged at the conclusion of its two-day meeting. But somewhat less expected, the Fed signaled […] READ MORE

Second Week of Stock Retreat – Weekly Update

March 18, 2024 | By Steven DiGregorio

Stocks fell for the second straight week on inflation concerns despite a report on consumer prices that was initially well received by investors. Stocks Slide Tuesday was the only bright spot during the week as stock prices rose after the Labor Department report showed the Consumer Price Index rose 3.2% in February compared with a […] READ MORE