Tag: Rate Increases

Stocks Stumble with CPI on Deck – Weekly Update

July 10, 2023 | By Steven DiGregorio

Rising concerns about further rate hikes sent stocks lower to kick off the second half of trading. The Dow Jones Industrial Average lost 1.96%, while the Standard & Poor’s 500 retreated 1.16%. The Nasdaq Composite index surrendered 0.92% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, tumbled 2.57%.1,2,3 Stocks Slide […] READ MORE


Easing on Rate Hikes and Job Numbers Cheer Markets – Weekly Update

December 5, 2022 | By Steven DiGregorio

Stocks ended higher last week as investors navigated the crosscurrents of a potential easing in future rate hikes and continued strength in the labor market. The Dow Jones Industrial Average edged 0.24% higher, while the Standard & Poor’s 500 gained 1.13%. The Nasdaq Composite index improved by 2.09% for the week. The MSCI EAFE index, […] READ MORE