Tag: Interest Rate Hikes

Mixed Message Provokes Volatility – Weekly Update

March 27, 2023 | By Steven DiGregorio

Modest gains in major market indices masked sharp volatility amid the uncertainty arising from mixed messages emanating from public officials and revived banking fears. The Dow Jones Industrial Average gained 1.18%, while the Standard & Poor’s 500 added 1.39%. The Nasdaq Composite index rose 1.66% for the week. The MSCI EAFE index, which tracks developed […] 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