Tag: Interest Rates

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

Stocks Rally, Despite Recession Concerns – Weekly Update

June 27, 2022 | By Steven DiGregorio

Stocks Bounce Declining energy and food prices and falling bond yields signaled a potentially improving inflation outlook, buoying investor sentiment. The rally in stocks was most powerful on the first and final trading days of a holiday-shortened week. Stocks turned a bit choppy mid-week as investors digested Fed Chair Jerome Powell’s Senate appearance but resumed […] READ MORE

Earnings Season Begins – Weekly Update

April 18, 2022 | By Steven DiGregorio

Watching Bonds Stocks began the week moving lower as bond yields climbed higher, with growth stocks suffering some of the steepest declines. Investors considered China’s ongoing lockdown warily, worried it might worsen supply-chain issues. Historically high consumer and producer price inflation reports were shrugged off by the stock and bond markets in the main, with […] READ MORE

Fed Signals More Aggressive Action on Interest Rates – Weekly Update

April 11, 2022 | By Steven DiGregorio

Fed Roils Markets After a positive start to the week, stock prices turned lower on a more hawkish tone from Fed officials. On Tuesday, investors were surprised by comments from Fed governor Lael Brainard, one of the Fed’s more dovish members, who suggested the Fed could take a more aggressive approach with interest rates. The […] READ MORE

Fed: Rate Hikes Near – Weekly Update

January 18, 2022 | By Steven DiGregorio

Stocks Struggle Stocks were under pressure all week as investors grappled with higher bond yields and talk of possibly four rate hikes this year. Initially, intraday declines would bring out buyers and pare the losses. Investors were particularly heartened by Fed Chair Powell’s congressional testimony on Tuesday that softened the hawkish tone found in the […] READ MORE

Powell: Tapering Likely in 2021 – Weekly Update

August 30, 2021 | By Steven DiGregorio

Pushing Higher Stocks surged to begin the week as investor sentiment improved on news of the FDA’s approval of its first COVID-19 vaccine, a strong housing number and comments by the Federal Reserve Bank-Dallas president that he would support delaying tapering if the Delta variant spread worsened. Stocks continued their climb through midweek, pushing the […] READ MORE