Tag: Earnings

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


Wall Street Flips the Script & Enjoys a Rally – Weekly Update

October 24, 2022 | By Steven DiGregorio

A positive start to a new earnings season and late-week hopes for a near-term easing in Fed rate hikes lifted investors’ spirits and powered stocks to gains for the week. The Dow Jones Industrial Average jumped 4.89%, while the Standard & Poor’s 500 advanced 4.74%. The Nasdaq Composite index added 5.22% for the week. The […] READ MORE


Mixed Week for Markets; Jobs on The Rise – Weekly Update

August 8, 2022 | By Steven DiGregorio

Weekly Market Insights Stocks turned in a mixed performance last week as investors struggled with headlines suggesting that the Fed was unlikely to soon ease up on its current monetary tightening policy. The Dow Jones Industrial Average slipped 0.13%, while the Standard & Poor’s 500 rose 0.36%. The Nasdaq Composite index picked up 2.15% for […] READ MORE


Markets Rally, Earnings Better Than Expected – Weekly Update

August 1, 2022 | By Steven DiGregorio

Stocks Rally on Earnings It was an inauspicious start to the week after a big-box retailer missed earnings and reduced forward guidance on Tuesday, sparking a broad market retreat. But sentiment improved following mega-cap technology company earnings that proved better than expected. Enthusiasm gathered steam in the wake of the Fed’s 0.75% rate hike, boosted […] READ MORE


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