The stock market edged lower last week as it digested a crosscurrent of conflicting economic data and contrasting comments from Fed officials.
Continue reading “Weekly Market Insights: Markets Down Ahead of Thanksgiving Holiday”
The stock market edged lower last week as it digested a crosscurrent of conflicting economic data and contrasting comments from Fed officials.
Continue reading “Weekly Market Insights: Markets Down Ahead of Thanksgiving Holiday”
A cooling inflation number ignited a powerful rally on Thursday, sending stocks to strong gains for the week.
Continue reading “Weekly Market Insights: Cooling Inflation Brings Market Gains”
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 higher and stocks lower.
Continue reading “Weekly Market Insights: Stocks Slip After Powell Comments”
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.
Continue reading “Weekly Market Insights: Plenty of Treats for Wall Street This Week”
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.
Continue reading “Weekly Market Insights: Wall Street Flips the Script & Enjoys a Rally”
Rising recession fears and uncertainty in the bond and currency markets sent stocks to new 2022 lows last week.
Continue reading “Weekly Market Insights: U.S. and U.K. See Financial Turbulence”
A hotter-than-expected inflation report sent stocks sharply lower last week as investors faced the prospect of more aggressive interest rate hikes by the Federal Reserve for perhaps a longer period.
Continue reading “Weekly Market Insights: White Hot Inflation Report Alarms Investors”
In a holiday-shortened week of trading, stocks posted healthy gains despite more tough talk on monetary policy from Fed officials.
Continue reading “Weekly Market Insights: Markets Upbeat, Despite Gloomy Inflation Talk”
The overhang of Fed Chair Powell’s Jackson Hole speech the previous week carried over into last week as investors recalibrated stock valuations amid a seemingly more assertive monetary policy stance.
Continue reading “Weekly Market Insights: Markets Sag, Job Numbers Soar”
Stocks tumbled on Friday, sending stocks to a weekly loss after an otherwise quiet August week of trading.
Continue reading “Weekly Market Insights: Markets Tap Brakes, But Hold Fast Against Downbeat News”