Tag: Easing Inflation

Attention Turns to the Debt Ceiling – Weekly Update

May 15, 2023 | By Steven DiGregorio

Stocks were mixed last week as good inflation news was offset by mounting debt ceiling concerns and rekindled regional banking fears. The Dow Jones Industrial Average lost 1.11%, while the Standard & Poor’s 500 slipped 0.29%. The Nasdaq Composite index rose 0.40% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, […] READ MORE

Plenty of Good Things for Wall Street This Week – Weekly Update

October 31, 2022 | By Steven DiGregorio

Stocks overcame poor earnings results from some of America’s largest companies to post gains last week as investors cheered positive earnings surprises, easing inflation and a rebound in economic growth. The Dow Jones Industrial Average rose 5.72%, while the Standard & Poor’s 500 advanced 3.95%. The Nasdaq Composite index added 2.24% for the week. The […] READ MORE