Tag: Slowing Growth

Stocks Rally As Attention Shifts to Fed’s May Meeting – Weekly Update

May 1, 2023 | By Steven DiGregorio

Strong earnings from several mega-cap technology companies offset renewed regional banking jitters and weak economic data, leaving stocks higher for the week. The Dow Jones Industrial Average gained 0.86%, while the Standard & Poor’s 500 added 0.87%. The Nasdaq Composite index rose 1.28% for the week. The MSCI EAFE index, which tracks developed overseas stock […] READ MORE