Tag: Fed

U.S. and U.K. See Financial Turbulence – Weekly Update

October 3, 2022 | By Steven DiGregorio

Rising recession fears and uncertainty in the bond and currency markets sent stocks to new 2022 lows last week. The Dow Jones Industrial Average declined 2.92%, while the Standard & Poor’s 500 slumped 2.91%. The Nasdaq Composite index fell 2.69%. The MSCI EAFE index, which tracks developed overseas stock markets, lost 1.94%.1,2,3 A Tumultuous Week  […] READ MORE


White Hot Inflation Report Alarms Investors – Weekly Update

September 19, 2022 | By Steven DiGregorio

A hotter-than-expected inflation report sent stocks sharply lower last week as investors faced the prospect of more aggressive interest rate hikes by the Federal Reserve for perhaps a longer period. The Dow Jones Industrial Average fell 4.13%, while the Standard & Poor’s 500 lost 4.77%. The Nasdaq Composite index dropped 5.48% for the week. The […] READ MORE


Markets Tap Brakes, But Hold Fast Against Downbeat News – Weekly Update

August 22, 2022 | By Steven DiGregorio

Stocks tumbled on Friday, sending stocks to a weekly loss after an otherwise quiet August week of trading. The Dow Jones Industrial Average slipped -0.16%, while the Standard & Poor’s 500 lost 1.21%. The Nasdaq Composite index declined 2.62% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, fell 0.88%. 1,2,3 […] READ MORE


Stocks Dip on Inflation Report – Weekly Update

June 13, 2022 | By Steven DiGregorio

Inflation Upends Stocks Stocks gyrated between gains and losses last week until sliding lower on Friday’s hot inflation report, which heightened worries over a more aggressive Fed and a further economic slowdown. Stocks moved higher to begin the week, despite rising bond yields, a profit warning from a major retailer, and Senate testimony by Secretary […] READ MORE


Hawkish Fed; Stocks Retreat – Weekly Update

January 10, 2022 | By Steven DiGregorio

The Tech Wreck The perception of a more hawkish Fed put a hard stop to the year’s positive start and pushed bond yields higher and stocks into a broad retreat. Technology and other high-valuation shares were particularly hard hit by rising yields. Even the larger-capitalization technology companies with strong cash flows and profits were damaged. […] READ MORE


More Historic Highs – Weekly Update

November 4, 2019 | By Steven DiGregorio

The Week on Wall Street A better-than-forecast jobs report prompted a stock market rally Friday, two days after traders witnessed another interest rate cut by the Federal Reserve. Both the S&P 500 and Nasdaq Composite ended the week at historic peaks, while the Dow Jones Industrial Average settled less than 12 points under its all-time […] READ MORE


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