Tag: Cooling

Stocks Jump After Inflation Gauge Cools – Weekly Update

July 31, 2023 | By Steven DiGregorio

A Friday surge pushed stocks solidly into positive territory last week, ignited by cooling in an inflation gauge closely tracked by the Federal Reserve. The Dow Jones Industrial Average advanced 0.66%, while the Standard & Poor’s 500 climbed 1.01%. The Nasdaq Composite index rose 2.02% for the week. The MSCI EAFE index, which tracks developed […] READ MORE