Tag: Tech

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


Black Friday Gains – Weekly Update

November 27, 2017 | By Steven DiGregorio

Last week was a relatively quiet time in the domestic markets. We did not receive a tremendous amount of economic data, and trading halted Thursday for the Thanksgiving holiday. Nonetheless, all 3 of the major domestic indexes experienced sizable gains in only 4 trading days. By Friday, the S&P 500 added 0.91% and closed above […] READ MORE


Data Drives More Growth – Weekly Update

October 30, 2017 | By Steven DiGregorio

Another week, another round of positive market performance. The 3 major domestic indexes again ended the week with gains and new record highs. The S&P 500 rose 0.23% and marked a 7th-straight week of increases – its longest string of weekly gains in almost 3 years.[1] The Dow added 0.45%, and the NASDAQ grew by 1.09%.[2] Meanwhile, […] READ MORE