Earnings and Data Tell Two Different Stories on Near Future – Weekly Update

January 30, 2023 | By Steven DiGregorio

Stocks added to their early 2023 gains amid a busy stream of mixed corporate earnings results and conflicting economic data. The Dow Jones Industrial Average gained 1.81%, while the Standard & Poor’s 500 added 2.47%. The Nasdaq Composite index rose 4.32% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, increased […] READ MORE


Mixed Results Following Weak Economic Data – Weekly Update

January 23, 2023 | By Steven DiGregorio

Stocks showed mixed results last week as recession fears resurfaced in response to weak economic data and a tepid start to a new corporate earnings season.   The Dow Jones Industrial Average skidded 2.70%, while the Standard & Poor’s 500 declined 0.66%. But the Nasdaq Composite index gained 0.55% for the week. The MSCI EAFE […] READ MORE


Inflation Cools, Stocks Warm Up – Weekly Update

January 17, 2023 | By Steven DiGregorio

Stocks rallied last week thanks to fresh confirmation of inflation’s cooling trend and growing optimism that an inflation slowdown may provide the Fed with space to ease up on future rate hikes. The Dow Jones Industrial Average gained 2.00%, while the Standard & Poor’s 500 advanced 2.67%. The Nasdaq Composite index surged 4.82% for the […] READ MORE


New Year’s Rally in Reply to Positive Economic News – Weekly Update

January 9, 2023 | By Steven DiGregorio

A strong Friday rally triggered by fresh signs of moderating inflation pushed stocks into positive territory to begin the new year.  The Dow Jones Industrial Average rose 1.46%, while the Standard & Poor’s 500 advanced 1.45%. The Nasdaq Composite index gained 0.98%. The MSCI EAFE index, which tracks developed overseas stock markets, added 0.90%.1,2,3 Stocks […] READ MORE


Erratic Holiday Trading Leaves Stocks in Doldrums – Weekly Update

January 3, 2023 | By Steven DiGregorio

In a holiday-shortened week, erratic trading left stocks marginally down for the week. The Dow Jones Industrial Average lost 0.17%, while the Standard & Poor’s 500 slipped 0.14%. The Nasdaq Composite index fell 0.30%. The MSCI EAFE index, which tracks developed overseas stock markets, edged 0.61% higher.1,2,3 Stocks End Lower Steps by China to move […] READ MORE


Recession Concerns, Fed Talk Keep Stocks Cold – Weekly Update

December 19, 2022 | By Steven DiGregorio

Hawkish comments by the Fed and weak economic data heightened investors’ recession concerns and sent stocks lower last week. The Dow Jones Industrial Average lost 1.66%, while the Standard & Poor’s 500 retreated 2.08%. The Nasdaq Composite index declined 2.72% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, slipped 0.88%.1,2,3 […] READ MORE


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