Tag: Earnings

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

Big Win For Big Tech – Weekly Update

January 22, 2024 | By Steven DiGregorio

Stocks finished higher last week, with big tech again leading amid lingering uncertainty over how continued economic strength would influence the Fed’s rate decision. Stocks Dip, Then Rally  Stock prices dropped early in the week before rising to new highs as the week ended. The four-day trading week began with more Q4 bank earnings, which […] 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

Stocks Retreat on Cautious Earnings Reports – Weekly Update

October 30, 2023 | By Steven DiGregorio

Amid a busy week of corporate earnings reports, stocks slumped on cautious earnings guidance, fears of higher interest rates, and growing anxiety over the increasing amount of Treasury bonds and notes coming to market. The Dow Jones Industrial Average dropped 1.88%, while the Standard & Poor’s 500 declined 3.29%. But the Nasdaq Composite index gave […] READ MORE

Stocks Retreat Despite Solid Earnings – Weekly Update

October 23, 2023 | By Steven DiGregorio

Rising bond yields and uncertainty over whether this was the close of the Fed’s rate-hike cycle dragged markets lower last week despite solid corporate earnings results. The Dow Jones Industrial Average sank 1.61%, while the Standard & Poor’s 500 fell 2.39%. The Nasdaq Composite index, which has led for much of the year, slumped 3.16%. […] READ MORE