Tag: Retail Sales

Big Win For Big Tech – Weekly Update

January 22, 2024 | By Steven DiGregorio

Stocks finished higher last week, with big tech again leading amid lingering uncertainty over how continued economic strength would influence the Fed’s rate decision. Stocks Dip, Then Rally  Stock prices dropped early in the week before rising to new highs as the week ended. The four-day trading week began with more Q4 bank earnings, which […] READ MORE


Mixed Results Following Weak Economic Data – Weekly Update

January 23, 2023 | By Steven DiGregorio

Stocks showed mixed results last week as recession fears resurfaced in response to weak economic data and a tepid start to a new corporate earnings season.   The Dow Jones Industrial Average skidded 2.70%, while the Standard & Poor’s 500 declined 0.66%. But the Nasdaq Composite index gained 0.55% for the week. The MSCI EAFE […] READ MORE


Stocks Mixed on COVID-19, Powell – Weekly Update

November 22, 2021 | By Steven DiGregorio

Trading Uncertainty A healthy retail sales report, falling jobless claims, positive earnings surprises, and strong manufacturing data lent support to stock prices, but investor sentiment was dampened by several concerns. Chief among these worries are a resurgence of COVID-19 infections this winter and the impact inflation may have on consumer confidence and corporate profit margins. […] 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


Dow 32,000- Weekly Market Update

March 15, 2021 | By Steven DiGregorio

Weekly Market Insights Stocks touched new record highs last week as bond yields steadied, a fiscal relief bill was signed into law, and confidence in a strong economic recovery grew. The Dow Jones Industrial Average gained 4.07%, while the Standard & Poor’s 500 tacked on 2.64%. The Nasdaq Composite index rose 3.09% for the week. […] READ MORE


Cases Rise, Stocks Retreat Weekly Update – December 14, 2020

December 14, 2020 | By Steven DiGregorio

The Week on Wall Street Stocks retreated last week on rising COVID-19 infections and slow progress on an economic relief bill. The Dow Jones Industrial Average dipped 0.57%, while the Standard & Poor’s 500 dropped 0.96%. The Nasdaq Composite index fell 0.69% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, […] READ MORE


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