Tag: Fed

Investors Anticipate Fed Rate Change – Weekly Update

May 20, 2024 | By Steven DiGregorio

Stocks notched a solid gain last week in a mega-cap, tech-led rally bolstered by positive inflation news. Dow 40,000 The week began quietly as market averages traded in a tight range, awaiting fresh inflation news. On Tuesday, markets rose steadily throughout the day after digesting a mixed wholesale inflation report.1 The next day, a cooler-than-expected […] 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


Fed Talk Boosts Stocks – Weekly Update

March 25, 2024 | By Steven DiGregorio

Stocks posted their best week of the year, sparked by news that the dovish Fed decided to keep rates steady and signaled three rate cuts were still possible this year. Stocks Bounce Back As widely expected, the Fed left rates unchanged at the conclusion of its two-day meeting. But somewhat less expected, the Fed signaled […] READ MORE


Markets Take a Breather After Mixed Week – Weekly Update

March 11, 2024 | By Steven DiGregorio

Stocks were down for the week as investors appeared to take some profits and traders parsed Fed Chair Jerome Powell’s Congressional testimony. Markets Wobble  Stocks had a rough start to the week, with the Dow, S&P 500, and Nasdaq each off more than one percent on Tuesday alone. Mega-cap tech stocks were under pressure as […] READ MORE


Stocks Rally on Fed, Inflation News – Weekly Update

December 18, 2023 | By Steven DiGregorio

Markets reacted positively last week to cooler inflation and the idea of potential rate cuts next year, adding to the gains of the market’s year-end rally. The Dow Jones Industrial Average rose 2.92%, while the Standard & Poor’s 500 gained 2.50%. The Nasdaq Composite index picked up 2.85% for the week. The MSCI EAFE index, […] READ MORE


Stocks Rise, Jobs Cool – Weekly Update

November 6, 2023 | By Steven DiGregorio

Stocks ripped higher last week on a dramatic retreat in bond yields triggered by easing inflation and a slowing labor market. The Dow Jones Industrial Average jumped 5.07%, while the Standard & Poor’s 500 surged 5.85%. The Nasdaq Composite index rocketed 6.61% higher for the week. The MSCI EAFE index, which tracks developed overseas stock […] READ MORE


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