Tag: Rate Hikes

Fallout From Powell Comments Continues – Weekly Update

September 26, 2022 | By Steven DiGregorio

Last week, Fed Chair Powell said the U.S. would not tame inflation without economic pain. This week heightened recession fears and sent stocks broadly lower. The Dow Jones Industrial Average dropped 4.00%, while the Standard & Poor’s 500 lost 4.65%. The Nasdaq Composite index fell 5.07% for the week. The MSCI EAFE index, which tracks […] READ MORE


Markets Sag, Job Numbers Soar – Weekly Update

September 6, 2022 | By Steven DiGregorio

The overhang of Fed Chair Powell’s Jackson Hole speech the previous week carried over into last week as investors recalibrated stock valuations amid a seemingly more assertive monetary policy stance. The Dow Jones Industrial Average fell 2.99%, while the Standard & Poor’s 500 stumbled 3.29%. The Nasdaq Composite index lost 4.21%. The MSCI EAFE index, […] READ MORE


Markets Tap Brakes, But Hold Fast Against Downbeat News – Weekly Update

August 22, 2022 | By Steven DiGregorio

Stocks tumbled on Friday, sending stocks to a weekly loss after an otherwise quiet August week of trading. The Dow Jones Industrial Average slipped -0.16%, while the Standard & Poor’s 500 lost 1.21%. The Nasdaq Composite index declined 2.62% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, fell 0.88%. 1,2,3 […] READ MORE


Volatile Week Ends on Rebound – Weekly Update

January 31, 2022 | By Steven DiGregorio

Market Volatility Rising bond yields, Federal Reserve uncertainty, and escalating tensions on the Ukrainian-Russian border unsettled markets all week. The week opened with two successive days of deep early losses that were erased by furious, late-afternoon rebounds. The following two-trading sessions that started with strong gains that evaporated with late-session selling. The most dramatic session […] READ MORE