Tag: Tech

Second Week of Stock Retreat – Weekly Update

March 18, 2024 | By Steven DiGregorio

Stocks fell for the second straight week on inflation concerns despite a report on consumer prices that was initially well received by investors. Stocks Slide Tuesday was the only bright spot during the week as stock prices rose after the Labor Department report showed the Consumer Price Index rose 3.2% in February compared with a […] READ MORE


S&P Hits Record High – Weekly Update

February 12, 2024 | By Steven DiGregorio

The stock market experienced solid gains last week, concluding the trading week on a positive note, thanks to robust corporate reports and favorable inflation news; this propelled the S&P 500 Index to achieve a new record high at the end of the week. S&P Tops 5,000 At the start of last week’s trading, stocks faced […] READ MORE


Banking Crisis Fears Dim; Markets Rally – Weekly Update

April 3, 2023 | By Steven DiGregorio

Stocks rallied last week on receding fears of a widening banking crisis, led by resurging investor interest in technology and communication services names. The Dow Jones Industrial Average gained 3.22%, while the Standard & Poor’s 500 added 3.48%. The Nasdaq Composite index rose 3.37% for the week. The MSCI EAFE index, which tracks developed overseas […] READ MORE


Stocks Extend Rally; Eyes On Tech – Weekly Update

February 7, 2022 | By Steven DiGregorio

Earnings in Focus At the start of the week, stocks extended the previous week’s rally with some high-growth companies leading the move higher. Strong company profits fueled the market the middle of the week, until an earnings disappointment from a mega-cap company took investors by surprise. The earnings miss deflated sentiment as it heightened worries […] READ MORE


Stocks Churn- Weekly Market Update

March 29, 2021 | By Steven DiGregorio

Weekly Market Insights A rocky week with wide price swings led to mixed results for stocks last week, as investors grappled with anxieties over economic growth and weakness in technology and other high-growth stocks. The Dow Jones Industrial Average added 1.36%, while the Standard & Poor’s 500 gained 1.57%. The Nasdaq Composite index fell 0.58% […] READ MORE


A Shaky Start to September – Weekly Update

September 11, 2018 | By Steven DiGregorio

Domestic markets fell last week due to negative trade news and declining tech stocks, with the S&P 500 and Dow both breaking their multi-week winning streaks. Meanwhile, the NASDAQ posted losses for 4 days in a row for the first time since April and experienced its worst September start since 2008. Overall, the S&P 500 […] READ MORE


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