Tag: PCE Index

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