Author: shayan

Stocks closed out the year on a mostly positive note, adding to the year’s gains as concerns about the economic issues of Omicron infections receded.

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Stock prices retreated last week as global central banks joined the Federal Reserve in taking steps to tighten monetary policy.

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Stocks took investors on a wild ride last week as the Omicron variant and Fed comments upended market expectations.

Continue reading “Weekly Market Insights: Powell Surprises; Omicron Concerns” →

News of a new, highly virulent COVID variant triggered a market sell-off on Friday, sending stocks into negative territory for the week.

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Stocks were mixed last week in choppy trading as investors battled the crosscurrents of good economic data and a troubling rise in COVID-19 infections globally.

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Stocks posted small declines last week as investors digested recent stock market gains and an unexpectedly high inflation read.

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A Federal Reserve announcement on tapering, a fresh batch of corporate profits, and encouraging economic data lifted stocks to another weekly gain.

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A fresh wave of positive corporate earnings surprises sent markets to new record highs last week.

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A strong opening to the third-quarter earnings season sparked a late week, broad-based rally that helped stocks finish the week with solid gains.

Continue reading “Weekly Market Insights: Fed Unveils Tapering Plans” →

The overhang of bumping against the federal debt ceiling was lifted last week with an agreement to extend the debt ceiling through early December, helping propel stocks to a weekly gain.

Continue reading “Weekly Market Insights: Debt Ceiling Raised” →