Tag: Inflation

Cooling Inflation Brings Market Gains – Weekly Update

November 14, 2022 | By Steven DiGregorio

A cooling inflation number ignited a powerful rally on Thursday, sending stocks to strong gains for the week. The Dow Jones Industrial Average gained 4.15%, while the Standard & Poor’s 500 added 5.90%. The Nasdaq Composite index rose 8.10% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, picked up 5.72%.1,2,3 […] READ MORE


Stocks Slip After Powell Comments – Weekly Update

November 7, 2022 | By Steven DiGregorio

Hawkish comments by Fed Chair Jerome Powell, following the announcement of another 75-basis points interest rate hike last week, cast a pall over financial markets, sending yields higher and stocks lower. The Dow Jones Industrial Average slipped 1.40%, while the Standard & Poor’s 500 declined 3.35%. The Nasdaq Composite index lost 5.65% for the week. […] READ MORE


Volatility Reigns; Inflation Remains Unchecked – Weekly Update

October 17, 2022 | By Steven DiGregorio

Stocks were mixed last week amid wide intra- and inter-day price swings, as technology shares bore the brunt of the downdraft. The Dow Jones Industrial Average gained 1.15% for the week. Meanwhile, the Standard & Poor’s 500 slipped 1.55%, and the Nasdaq Composite index dropped 3.11%. The MSCI EAFE index, which tracks developed overseas stock […] READ MORE


Fallout From Powell Comments Continues – Weekly Update

September 26, 2022 | By Steven DiGregorio

Last week, Fed Chair Powell said the U.S. would not tame inflation without economic pain. This week heightened recession fears and sent stocks broadly lower. The Dow Jones Industrial Average dropped 4.00%, while the Standard & Poor’s 500 lost 4.65%. The Nasdaq Composite index fell 5.07% for the week. The MSCI EAFE index, which tracks […] READ MORE


White Hot Inflation Report Alarms Investors – Weekly Update

September 19, 2022 | By Steven DiGregorio

A hotter-than-expected inflation report sent stocks sharply lower last week as investors faced the prospect of more aggressive interest rate hikes by the Federal Reserve for perhaps a longer period. The Dow Jones Industrial Average fell 4.13%, while the Standard & Poor’s 500 lost 4.77%. The Nasdaq Composite index dropped 5.48% for the week. The […] READ MORE


Markets Upbeat, Despite Gloomy Inflation Talk – Weekly Update

September 12, 2022 | By Steven DiGregorio

In a holiday-shortened week of trading, stocks posted healthy gains despite more tough talk on monetary policy from Fed officials. The Dow Jones Industrial Average rose 2.66%, while the Standard & Poor’s 500 gained 3.65%. The Nasdaq Composite index picked up 4.14% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, […] READ MORE


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