Tag: DJIA

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 Rise, Anticipating Rate Cut – Weekly Update

May 13, 2024 | By Steven DiGregorio

Stocks notched a solid gain last week as rate-cut expectations paced the rally as the Q1 earnings season wound down. Stocks Climb Steadily Monday opened with stocks picking up where they left off the prior Friday. Stocks were still basking in the afterglow of fresh jobs data, which eased investor concerns of an overheating economy. […] READ MORE


Volatility, Uncertainty Rule the Week for Markets – Weekly Update

May 6, 2024 | By Steven DiGregorio

Stocks notched a solid gain last week, rallying behind upbeat earnings, a dovish Fed, and mixed economic data. Stocks Pop, Drop, Then Rally Markets began the week with an upward bump as positive news from some mega-cap tech companies outweighed disappointing updates from other tech names. The tone quickly changed on Tuesday as higher-than-expected Q1 […] READ MORE


Despite Turbulent Week, Stocks Stage Comeback – Weekly Update

April 29, 2024 | By Steven DiGregorio

Stocks staged a choppy comeback last week as investors cheered positive earnings, led by mega-cap tech stocks. The rally came to pass despite fresh data showing a slowing economy and increasing inflationary pressures. Stocks Bounce Back. Twice. Last week opened with a rebound rally as investors breathed a sigh of relief that Middle East tensions […] READ MORE


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


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