Tag: Economic Strength

S&P Hits Record High – Weekly Update

February 12, 2024 | By Steven DiGregorio

The stock market experienced solid gains last week, concluding the trading week on a positive note, thanks to robust corporate reports and favorable inflation news; this propelled the S&P 500 Index to achieve a new record high at the end of the week. S&P Tops 5,000 At the start of last week’s trading, stocks faced […] 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