Tag: FOMC minutes

Market Retreats on Inflation, Economic Reports – Weekly Update

February 20, 2024 | By Steven DiGregorio

Stocks fell last week as investors reacted to disappointing inflation updates and other economic reports that fell short of estimates. Stocks Snap Winning Streak Markets were quiet Monday but opened lower Tuesday in response to the January inflation report that showed higher-than-expected consumer prices. But stocks regained some momentum on Wednesday and rallied Thursday despite […] READ MORE


Short Week Strong for Stocks – Weekly Update

November 27, 2023 | By Steven DiGregorio

Investor enthusiasm for stocks remained strong last week, buoyed by declining bond yields in a holiday-abbreviated trading week. The Dow Jones Industrial Average picked up 1.27%, while the Standard & Poor’s 500 gained 1.00%. The Nasdaq Composite index rose 0.89% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, was flat […] READ MORE


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


Debt Talks Optimism Keeps Eyes on D.C. – Weekly Update

May 30, 2023 | By Steven DiGregorio

Markets moved in sync last week with perceived movement in debt ceiling talks, weakening early in the week and then surging on news of progress. A solid quarterly report and guidance from a mega-cap technology company helped with enthusiasm. Overall, the markets were mixed, with the Dow Jones Industrial Average down 1.00%, while the Standard […] READ MORE


Lower inflation lifts spirits in uneven week – Weekly Update

April 17, 2023 | By Steven DiGregorio

The combination of an improving inflation outlook resulted in a week of uneven, albeit positive, performance, in which cyclical and financial stocks rallied while technology, real estate, and utilities lagged.  The Dow Jones Industrial Average gained 1.20%, while the Standard & Poor’s 500 rose 0.79%. The Nasdaq Composite index increased 0.29% for the week. The […] READ MORE


Fed Talks Turkey on Lower Rates, Boosting Markets – Weekly Update

November 28, 2022 | By Steven DiGregorio

Growing optimism that the Fed may be ready to ease future interest rate hikes sent stocks higher in a quiet trading week. The Dow Jones Industrial Average gained 1.78%, while the Standard & Poor’s 500 added 1.53%. The Nasdaq Composite index improved 0.72% for the week. The MSCI EAFE index, which tracks developed overseas stock […] READ MORE


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