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In this week’s recap: Stocks rally, despite recession concerns. Weekly Economic Update June 27, 2022 THE WEEK ON WALL STREET Prospects of cooling inflation powered a rally in stock prices last week despite growing recession concerns. The Dow Jones Industrial Average gained 5.39%, while the Standard & Poor’s 500 climbed 6.45%. The Nasdaq Composite index Read More …
In this week’s recap: Fed rate hike triggers market dip. Weekly Economic Update June 20, 2022 THE WEEK ON WALL STREET Stocks moved lower last week as recession fears deepened following a Fed hike in interest rates and weak economic data. The Dow Jones Industrial Average fell 4.79%, while the Standard & Poor’s 500 dropped Read More …
In this week’s recap: Stocks dip on inflation report. Weekly Economic Update Presented by «RepresentativeName», June 13, 2022 THE WEEK ON WALL STREET A higher-than-expected inflation report triggered a sell-off on Friday, leaving stocks in the red for the week. The Dow Jones Industrial Average lost 4.58%, while the Standard & Poor’s 500 dropped 5.05%. Read More …
In this week’s recap: Stocks slip on mixed economic news. Weekly Economic Update June 6, 2022 THE WEEK ON WALL STREET In a holiday-shortened week of volatile trading, stocks surrendered some of the previous week’s strong gains. The Dow Jones Industrial Average fell 0.94%, while the Standard & Poor’s 500 declined 1.20%. The Nasdaq Composite Read More …
In this week’s recap: Confidence in Fed helps spark market rally. Weekly Economic Update May 30, 2022 THE WEEK ON WALL STREET Stocks posted solid gains for the week, buoyed by the release of Fed meeting minutes and upbeat earnings from mid-size and discount retailers. The Dow Jones Industrial Average jumped 6.24%, while the Standard Read More …
In this week’s recap: Recession concerns rising. Weekly Economic Update May 23, 2022 THE WEEK ON WALL STREET Recession fears grew last week following weak earnings reports from major retailers, sending stocks lower. The Dow Jones Industrial Average fell 2.90%, while the Standard & Poor’s 500 lost 3.05%. The Nasdaq Composite index dropped 3.82% for Read More …
In this week’s recap: Inflation takes center stage. Weekly Economic Update May 16, 2022 THE WEEK ON WALL STREET In a volatile trading week, stocks extended their losses as economic growth and inflation concerns soured investor sentiment. The Dow Jones Industrial Average dropped 2.14%, while the Standard & Poor’s 500 lost 2.41%. The Nasdaq Composite Read More …
In this week’s recap: Tighter money policy; Market drops. Weekly Economic Update May 9, 2022 THE WEEK ON WALL STREET With the Fed in focus, the markets experienced wide price swings over the course of last week, as technology companies led the market lower. The Dow Jones Industrial Average slipped 0.24%, while the Standard & Read More …
In this week’s recap: Economy slows; Stocks retreat. Weekly Economic Update May 2, 2022 THE WEEK ON WALL STREET On Friday, a sharp sell-off sent major stock market indices into negative territory for the week, capping a volatile close to April. The Dow Jones Industrial Average declined 2.47%, while the Standard & Poor’s 500 tumbled Read More …
In this week’s recap: Powell favors quick movement on rising interest rates. Weekly Economic Update April 25, 2022 THE WEEK ON WALL STREET Hawkish comments from Fed Chair Jerome Powell overshadowed many largely positive earnings results, sending stocks lower for the week. The Dow Jones Industrial Average declined 1.86%, while the Standard & Poor’s 500 Read More …