Tag: China

Stocks Weather Summer Storm of News and Indicators – Weekly Update

August 21, 2023 | By Steven DiGregorio

Stocks extended their August declines last week as higher yields and weak economic data out of China soured investor sentiment. The Dow Jones Industrial Average lost 2.21%, while the Standard & Poor’s 500 retreated 2.11%. The Nasdaq Composite index backtracked 2.59% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, slumped […] 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 Rising – Weekly Update

May 23, 2022 | By Steven DiGregorio

Trending Lower Stock prices remained in a downtrend, capped by a sell-off on Wednesday following a succession of disappointing earnings reports from several major retailers. Despite solid April retail sales and industrial production data, weak economic numbers from China and shrinking profit margins at U.S. retailers fanned recession fears throughout the week. Rising yields, which […] READ MORE


Wild Week of Contagion Concerns – Weekly Update

September 27, 2021 | By Steven DiGregorio

A Wild Week Last week began with a sharp sell-off on contagion concerns that the financial difficulties of a large, debt-laden Chinese property developer could spread to other parts of the global financial system. This added to an existing list of worries that included Delta variant infections, slowing economic activity, debt ceiling brinkmanship in Washington, […] READ MORE


Stocks Lackluster Despite Positive Outlook – Weekly Update

September 20, 2021 | By Steven DiGregorio

Stocks Struggle   Despite a string of economic reports painting a healthy picture of the U.S. economy, investor sentiment remained cautious. While tamer inflation and higher-than-expected retail sales may typically be constructive for the market, any investor enthusiasm it generated was fleeting. The market appeared all week to be encumbered by a tentative, apprehensive mood. […] READ MORE


Stocks Take a Breather- Weekly Market Update

August 2, 2021 | By Steven DiGregorio

Weekly Market Insights The stock market posted small losses last week despite a very strong showing by corporate America. The Dow Jones Industrial Average slipped 0.36%, while the Standard & Poor’s 500 lost 0.37%. The Nasdaq Composite index dropped 1.11% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, jumped 1.51%.1,2,3 […] READ MORE


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