Tag: Interest Rates

Stocks Stand Still, Awaiting Fed – Weekly Update

September 18, 2023 | By Steven DiGregorio

Stocks ended the week roughly where they began as investors digested a mixed set of new economic data. The Dow Jones Industrial Average gained 0.12%, while the Standard & Poor’s 500 slipped 0.16%. The Nasdaq Composite index fell 0.39% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, added 1.23%.1,2,3 Stocks […] READ MORE

Mixed Results As Interest Rate Concerns Grow – Weekly Update

February 21, 2023 | By Steven DiGregorio

Growing concerns about further interest rate hikes, prompted by fresh economic data, reversed early-week gains and left stocks mixed for the week. The Dow Jones Industrial Average slipped 0.13%, while the Standard & Poor’s 500 fell 0.28%. The Nasdaq Composite index advanced 0.59% for the week. The MSCI EAFE index, which tracks developed overseas stock […] 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

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