by Diane Olinger | Nov 7, 2022 | Weekly Economic
Weekly Market Insights: Stocks Slip After Powell Comments Presented by William Mauro Hawkish comments by Fed Chair Jerome Powell, following the announcement of another 75 basis points interest rate hike last week, cast a pall over financial markets, sending yields...
by Diane Olinger | Oct 31, 2022 | Weekly Economic
Presented by William Mauro Stocks overcame poor earnings results from some of America’s largest companies to post gains last week as investors cheered positive earnings surprises, easing inflation and a rebound in economic growth. The Dow Jones Industrial Average rose...
by Diane Olinger | Oct 24, 2022 | Weekly Economic
Presented by William Mauro A positive start to a new earnings season and late-week hopes for a near-term easing in Fed rate hikes lifted investors’ spirits and powered stocks to gains for the week. The Dow Jones Industrial Average jumped 4.89%, while the Standard...
by Diane Olinger | Oct 17, 2022 | Weekly Economic
Presented by William Mauro Stocks were mixed last week amid wide intra- and inter-day price swings, as technology shares bore the brunt of the downdraft. The Dow Jones Industrial Average gained 1.15% for the week. Meanwhile, the Standard & Poor’s 500 slipped...
by Diane Olinger | Sep 26, 2022 | Weekly Economic
Presented by William Mauro Last week, Fed Chair Powell said the U.S. would not tame inflation without economic pain. This week heightened recession fears and sent stocks broadly lower. The Dow Jones Industrial Average dropped 4.00%, while the Standard & Poor’s 500...