Tag: NASDAQ

Stocks Lackluster Despite Positive Outlook – Weekly Update

September 20, 2021 | By Steven DiGregorio

Stocks Struggle   Despite a string of economic reports painting a healthy picture of the U.S. economy, investor sentiment remained cautious. While tamer inflation and higher-than-expected retail sales may typically be constructive for the market, any investor enthusiasm it generated was fleeting. The market appeared all week to be encumbered by a tentative, apprehensive mood. […] READ MORE


Delta Variant Concerns Markets

September 13, 2021 | By Steven DiGregorio

Stocks Weaken In a holiday-shortened week of trading, markets were choppy as investors grew cautious in the face of a potential Fed tapering decision later this month and the impact of Delta on the economic recovery. What little news there was, it was decidedly mixed. Job growth showed real strength coming off a shaky employment […] READ MORE


Data and Delta Scramble Stock Results – Weekly Update

September 7, 2021 | By Steven DiGregorio

Mixed Market Investors gravitated toward the high growth technology and communication services sectors, as well as the more defensive sectors, such as utilities and real estate. Reopening stocks were weighed down by Delta variant fears and a retreating consumer, while energy struggled to bounce in the wake of Hurricane Ida shutting down energy production and […] 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


Will the Fed Taper in 2021? – Weekly Market Update

August 23, 2021 | By Steven DiGregorio

Stocks turned lower last week amid the increasing probability of a Fed tapering, mixed economic data, and growing concerns about the economic impact of the Delta variant. The Dow Jones Industrial Average slumped 1.11%, while the Standard & Poor’s 500 lost 0.59%. The Nasdaq Composite index slipped 0.73%. The MSCI EAFE index, which tracks developed […] READ MORE


Passage of Infrastructure Boosts Stocks – Weekly Market Update

August 17, 2021 | By Steven DiGregorio

Looking past inflation figures and Delta variant trends, stocks last week found a way to climb higher and set fresh record highs in the process. The Dow Jones Industrial Average rose 0.87%, while the Standard & Poor’s 500 advanced 0.71%. The Nasdaq Composite index was flat (-0.09%) for the week. The MSCI EAFE index, which […] READ MORE


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