Tag: employment

Stocks Stumble with CPI on Deck – Weekly Update

July 10, 2023 | By Steven DiGregorio

Rising concerns about further rate hikes sent stocks lower to kick off the second half of trading. The Dow Jones Industrial Average lost 1.96%, while the Standard & Poor’s 500 retreated 1.16%. The Nasdaq Composite index surrendered 0.92% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, tumbled 2.57%.1,2,3 Stocks Slide […] 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


Stocks Rally Despite Mixed Data – Weekly Update

July 11, 2022 | By Steven DiGregorio

Stocks Move Higher In advance of Friday’s much-anticipated employment report, stocks enjoyed successive daily gains despite ongoing concerns about a recession. Recession fears were supported by an inversion in the yield curve and updated second-quarter Gross Domestic Product projections indicating the economy is ready to contract. Technology shares were the week’s big winners as investors […] READ MORE


Stocks Extend Rally; Eyes On Tech – Weekly Update

February 7, 2022 | By Steven DiGregorio

Earnings in Focus At the start of the week, stocks extended the previous week’s rally with some high-growth companies leading the move higher. Strong company profits fueled the market the middle of the week, until an earnings disappointment from a mega-cap company took investors by surprise. The earnings miss deflated sentiment as it heightened worries […] READ MORE


Delta Variant Concerns Markets

September 13, 2021 | By Steven DiGregorio

Stocks Weaken In a holiday-shortened week of trading, markets were choppy as investors grew cautious in the face of a potential Fed tapering decision later this month and the impact of Delta on the economic recovery. What little news there was, it was decidedly mixed. Job growth showed real strength coming off a shaky employment […] READ MORE


Data and Delta Scramble Stock Results – Weekly Update

September 7, 2021 | By Steven DiGregorio

Mixed Market Investors gravitated toward the high growth technology and communication services sectors, as well as the more defensive sectors, such as utilities and real estate. Reopening stocks were weighed down by Delta variant fears and a retreating consumer, while energy struggled to bounce in the wake of Hurricane Ida shutting down energy production and […] READ MORE


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