Tag: GDP

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


Economy Slows; Stocks Retreat – Weekly Update

May 2, 2022 | By Steven DiGregorio

Stocks Slide Trading was volatile in the final week of April as investors struggled with the crosscurrents of global economic growth anxieties stemming from widening COVID-related lockdowns in China and a fresh batch of corporate earnings reports. Monday set the tone for the week. Stocks staged an intraday reversal, wiping out a deep morning decline […] READ MORE


Earnings Build; GDP Slows – Weekly Update

November 1, 2021 | By Steven DiGregorio

Earnings Drive Market The week kicked off with the Dow Jones Industrials and S&P 500 index setting record highs as the financial markets carried over the previous week’s price momentum.4 Stocks continued to climb on a string of forecast-beating earnings results. With about half of the S&P 500 constituent companies having reported earnings, more than […] READ MORE


Will the Fed Taper in 2021? – Weekly Market Update

August 23, 2021 | By Steven DiGregorio

Stocks turned lower last week amid the increasing probability of a Fed tapering, mixed economic data, and growing concerns about the economic impact of the Delta variant. The Dow Jones Industrial Average slumped 1.11%, while the Standard & Poor’s 500 lost 0.59%. The Nasdaq Composite index slipped 0.73%. The MSCI EAFE index, which tracks developed […] READ MORE


Stocks Take a Breather- Weekly Market Update

August 2, 2021 | By Steven DiGregorio

Weekly Market Insights The stock market posted small losses last week despite a very strong showing by corporate America. The Dow Jones Industrial Average slipped 0.36%, while the Standard & Poor’s 500 lost 0.37%. The Nasdaq Composite index dropped 1.11% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, jumped 1.51%.1,2,3 […] READ MORE


Markets Overcome Delta Variant Reports – Weekly Market Update

July 26, 2021 | By Steven DiGregorio

Delta Variant Head Fake Stocks staged a broad retreat on Monday as traders worried about the adverse economic implications of growing Delta variant infections. Economically sensitive sectors, such as energy, financials, industrials, and materials, absorbed the brunt of Monday’s sell-off. But the markets did a quick about face, posting four-consecutive days of gains and leaving […] READ MORE


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