Tag: CPI

Investors Anticipate Fed Rate Change – Weekly Update

May 20, 2024 | By Steven DiGregorio

Stocks notched a solid gain last week in a mega-cap, tech-led rally bolstered by positive inflation news. Dow 40,000 The week began quietly as market averages traded in a tight range, awaiting fresh inflation news. On Tuesday, markets rose steadily throughout the day after digesting a mixed wholesale inflation report.1 The next day, a cooler-than-expected […] 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


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


Market Retreats on Inflation, Economic Reports – Weekly Update

February 20, 2024 | By Steven DiGregorio

Stocks fell last week as investors reacted to disappointing inflation updates and other economic reports that fell short of estimates. Stocks Snap Winning Streak Markets were quiet Monday but opened lower Tuesday in response to the January inflation report that showed higher-than-expected consumer prices. But stocks regained some momentum on Wednesday and rallied Thursday despite […] READ MORE


Investors Begin to See the Light in Upbeat Week – Weekly Update

January 16, 2024 | By Steven DiGregorio

Stocks pushed higher last week, led by big tech names and boosted by December inflation reports that were mixed but positive enough to shore up investor confidence in Fed rate cuts this year. Stocks Rock and Roll It was a rocky week that ended on a high note. Stocks rallied Monday after the prior week’s […] READ MORE


November Rally Continues – Weekly Update

November 20, 2023 | By Steven DiGregorio

Stocks extended their November rally last week as investors cheered lower-than-forecast inflation data. The Dow Jones Industrial Average gained 1.94%, while the Standard & Poor’s 500 added 2.24%. The Nasdaq Composite index rose 2.37% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, increased 3.36%.1,2,3 Stocks March Higher A better-than-anticipated consumer […] READ MORE


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