Tag: Inflation

Fed’s Reassurance Boosts Stocks – Weekly Update

March 6, 2023 | By Steven DiGregorio

A late-week surge, triggered by reassuring Fed-speak, propelled stocks higher last week. The Dow Jones Industrial Average gained 1.75%, while the Standard & Poor’s 500 advanced 1.90%. The Nasdaq Composite index picked up 2.58% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, added 0.81%.1,2,3 Stocks Resume Climb After rebounding to […] READ MORE


FOMC Says Inflation is Still Too High – Weekly Update

February 27, 2023 | By Steven DiGregorio

Concerns over a firmer monetary policy were heightened by fresh economic data, touching off a climb in bond yields and a slide in stock prices last week. The Dow Jones Industrial Average skidded 2.99%, while the Standard & Poor’s 500 dipped 2.67%. The Nasdaq Composite index sagged 3.33% for the week. The MSCI EAFE index, […] READ MORE


Mixed Feelings and Mixed Earnings – Weekly Update

February 13, 2023 | By Steven DiGregorio

Stocks drifted lower as a week of mixed earnings reports and resurgent worries over Fed monetary policy dragged on investor sentiment.  The Dow Jones Industrial Average slipped 0.17%, while the Standard & Poor’s 500 declined 1.11%. The Nasdaq Composite index lost 2.41%. The MSCI EAFE index, which tracks developed overseas stock markets, dipped 0.30%.1,2,3 Rally […] READ MORE


Inflation Cools, Stocks Warm Up – Weekly Update

January 17, 2023 | By Steven DiGregorio

Stocks rallied last week thanks to fresh confirmation of inflation’s cooling trend and growing optimism that an inflation slowdown may provide the Fed with space to ease up on future rate hikes. The Dow Jones Industrial Average gained 2.00%, while the Standard & Poor’s 500 advanced 2.67%. The Nasdaq Composite index surged 4.82% for the […] READ MORE


New Year’s Rally in Reply to Positive Economic News – Weekly Update

January 9, 2023 | By Steven DiGregorio

A strong Friday rally triggered by fresh signs of moderating inflation pushed stocks into positive territory to begin the new year.  The Dow Jones Industrial Average rose 1.46%, while the Standard & Poor’s 500 advanced 1.45%. The Nasdaq Composite index gained 0.98%. The MSCI EAFE index, which tracks developed overseas stock markets, added 0.90%.1,2,3 Stocks […] READ MORE


Recession Concerns, Fed Talk Keep Stocks Cold – Weekly Update

December 19, 2022 | By Steven DiGregorio

Hawkish comments by the Fed and weak economic data heightened investors’ recession concerns and sent stocks lower last week. The Dow Jones Industrial Average lost 1.66%, while the Standard & Poor’s 500 retreated 2.08%. The Nasdaq Composite index declined 2.72% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, slipped 0.88%.1,2,3 […] READ MORE


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