Tag: FOMC meeting

Solid Week Despite Mixed Reports – Weekly Update

June 10, 2024 | By Steven DiGregorio

Stocks rose last week despite conflicting stories from economic reports. The Dow Jones Industrial Average inched up 0.29 percent while the Standard & Poor’s 500 Index powered ahead 1.31 percent. The Nasdaq Composite led, picking up 2.38 percent. The MSCI EAFE Index tracks developed overseas stock markets and rose 1.29 percent for the week through […] READ MORE


Volatility, Uncertainty Rule the Week for Markets – Weekly Update

May 6, 2024 | By Steven DiGregorio

Stocks notched a solid gain last week, rallying behind upbeat earnings, a dovish Fed, and mixed economic data. Stocks Pop, Drop, Then Rally Markets began the week with an upward bump as positive news from some mega-cap tech companies outweighed disappointing updates from other tech names. The tone quickly changed on Tuesday as higher-than-expected Q1 […] READ MORE


Despite Turbulent Week, Stocks Stage Comeback – Weekly Update

April 29, 2024 | By Steven DiGregorio

Stocks staged a choppy comeback last week as investors cheered positive earnings, led by mega-cap tech stocks. The rally came to pass despite fresh data showing a slowing economy and increasing inflationary pressures. Stocks Bounce Back. Twice. Last week opened with a rebound rally as investors breathed a sigh of relief that Middle East tensions […] READ MORE


Investors Move Past Mixed Fed Message – Weekly Update

February 5, 2024 | By Steven DiGregorio

Stocks pushed higher last week as investors cheered mega-cap tech corporate reports and a better-than-expected employment report. Stocks at New Highs At the beginning of the week, stocks surged, anticipating fourth-quarter corporate updates from tech companies and the Federal Reserve’s two-day policy meeting; this led to the S&P 500 Index reaching a new record high […] READ MORE


Stocks Advance and Retreat on Mixed News – Weekly Update

July 24, 2023 | By Steven DiGregorio

Stocks moved to the rhythm of earnings season last week, initially rising on positive earnings surprises and faltering later in the week on key earnings disappointments.  The Dow Jones Industrial Average rose 2.08%, while the Standard & Poor’s 500 added 0.69%. The Nasdaq Composite Index slumped 0.57% for the week. The MSCI EAFE index, which […] READ MORE


Market’s March into Positive Territory Continues – Weekly Update

June 12, 2023 | By Steven DiGregorio

A late-week rally sent stocks into positive territory, with the S&P 500 index closing just shy of the 4,300 mark. The Dow Jones Industrial Average gained 0.34%, while the Standard & Poor’s 500 added 0.39%. The Nasdaq Composite index improved 0.14% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, rose […] READ MORE


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