Tag: Labor Market

Debt Deal Relieves Market Worries – Weekly Update

June 5, 2023 | By Steven DiGregorio

Stocks surged higher in the closing days of a holiday-shortened trading week, ignited by a political resolution on raising the debt ceiling and a strong employment report. The Dow Jones Industrial Average rose 2.02%, while the Standard & Poor’s 500 advanced 1.83%. The Nasdaq Composite index gained 2.04% for the week. The MSCI EAFE index, […] READ MORE


Hiring Cools; Recession Fears Rise – Weekly Update

April 10, 2023 | By Steven DiGregorio

Stocks ended a shortened week of trading mixed amid revived recession fears on Wall Street triggered by weak economic data. The Dow Jones Industrial Average gained 0.63%, while the Standard & Poor’s 500 slipped 0.10%. The Nasdaq Composite index lost 1.10% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, advanced […] READ MORE


New Year’s Rally in Reply to Positive Economic News – Weekly Update

January 9, 2023 | By Steven DiGregorio

A strong Friday rally triggered by fresh signs of moderating inflation pushed stocks into positive territory to begin the new year.  The Dow Jones Industrial Average rose 1.46%, while the Standard & Poor’s 500 advanced 1.45%. The Nasdaq Composite index gained 0.98%. The MSCI EAFE index, which tracks developed overseas stock markets, added 0.90%.1,2,3 Stocks […] READ MORE


Boost Early in Week Keeps Markets Ahead – Weekly Update

October 10, 2022 | By Steven DiGregorio

A powerful two-day stock rebound cemented a positive week for investors as a new trading month began. The Dow Jones Industrial Average rose 1.99%, while the Standard & Poor’s 500 added 1.51%. The Nasdaq Composite index increased 0.73% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, gained 3.42%.1,2,3 Stocks Start […] READ MORE


Confidence Grows in Resilient Economy – Weekly Update

March 28, 2022 | By Steven DiGregorio

Stocks Extend Gains Markets bounced around all week as investors grappled with the crosswinds of rising yields, continued hostilities in Ukraine, and hawkish comments from Fed Chair Jerome Powell. After suffering declines in two of the first three trading sessions of the week, stocks turned higher on a good jobless claims number investors interpreted as […] READ MORE


Rotation Continues- Weekly Market Update

June 7, 2021 | By Steven DiGregorio

Weekly Market Insight A strong, but not too strong, employment report sparked a rally on the final day of trading, propelling stocks to a modest gain for the week. The Dow Jones Industrial Average climbed by 0.66%, while the Standard & Poor’s 500 added 0.61%. The Nasdaq Composite index increased by 0.48%. The MSCI EAFE […] READ MORE


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