Tag: Inflation

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

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

Stocks Hit New Highs on AI’s Promise – Weekly Update

February 26, 2024 | By Steven DiGregorio

Stocks vaulted to new heights last week on the back of an artificial intelligence (AI) semiconductor company, marking investors’ belief that AI has the potential to transform the U.S. economy. Stocks Rally to Record Highs Stocks traded in a fairly tight range for the first half of the short week, yawning at the lack of […] READ MORE

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

Investors Begin to See the Light in Upbeat Week – Weekly Update

January 16, 2024 | By Steven DiGregorio

Stocks pushed higher last week, led by big tech names and boosted by December inflation reports that were mixed but positive enough to shore up investor confidence in Fed rate cuts this year. Stocks Rock and Roll It was a rocky week that ended on a high note. Stocks rallied Monday after the prior week’s […] READ MORE