Tag: PCE Index

Tech and AI Lead Another Advancing Week – Weekly Update

March 4, 2024 | By Steven DiGregorio

Stocks extended their tech-led advance last week as signs of a resilient and still-enthusiastic consumer boosted momentum. Nasdaq Sets New High Stocks traded in a narrow band early in the week but ended the five-trading sessions with a powerful advance. While the Dow dipped lower, artificial intelligence (AI) names powered the gains in the S&P […] READ MORE


Stocks Rise as Bond Yields Fall – Weekly Update

December 4, 2023 | By Steven DiGregorio

A Friday rally turned an otherwise mixed week for stocks into a solid performance. The Dow Jones Industrial Average picked up 2.42%, while the Standard & Poor’s 500 gained 0.77%. The Nasdaq Composite index rose 0.38% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, ended marginally higher by 0.13%.1,2,3 Stocks […] READ MORE


Bond Yields Rise; Government Shutdown Fears – Weekly Update

October 2, 2023 | By Steven DiGregorio

Rising bond yields and government shutdown fears left stocks in mostly negative territory for the week. The Dow Jones Industrial Average lost 1.34%, while the Standard & Poor’s 500 slipped 0.74%. The Nasdaq Composite index was flat (+0.06%) for the week. The MSCI EAFE index, which tracks developed overseas stock markets, fell 1.95%.1,2,3 Stocks Follow […] READ MORE


FOMC Says Inflation is Still Too High – Weekly Update

February 27, 2023 | By Steven DiGregorio

Concerns over a firmer monetary policy were heightened by fresh economic data, touching off a climb in bond yields and a slide in stock prices last week. The Dow Jones Industrial Average skidded 2.99%, while the Standard & Poor’s 500 dipped 2.67%. The Nasdaq Composite index sagged 3.33% for the week. The MSCI EAFE index, […] READ MORE