Weekly Market Review – March 11, 2023
Stock Markets The broad-based S&P 500 Index took a deep dive amounting to 4.55% of its value over the previous week as investors unexpectedly received more tough talk from Federal Reserve Chair Jerome Powell regarding their forthcoming monetary policy stance. Powell and his fellow policymakers had more work to do to cool down inflation and […]
Weekly Market Review – March 4, 2023
Stock Markets Stock markets rebounded this week from last week’s plunge. The Dow Jones Industrial Average climbed by 1.75% while the total stock market index rose by 1.97%. The S&P 500 Index ascended by 1.90% while the technology-heavy Nasdaq Stock Market Composite gained by 2.58%. The NYSE Composite went up by 1.66%. Correspondingly, the risk […]
Weekly Market Review – February 25, 2023
Stock Markets The week’s major stock indexes were rocked to a major correction as a slew of upside inflation and growth reports that broke expectations were released. The broad S&P 500 Index plunged 2.67%, its worst weekly loss since early December. At its close on Friday, this index gave up approximately 35% of the rally […]
Weekly Market Review – February 18, 2023
Stock Markets The major stock indexes closed the week mixed with investors trying to balance healthy growth and profit signals with concerns that inflation may once more spiral out of control. The Dow Jones Industrial Average (DJIA) dipped by 0.13% although its sectors were generally up and the total stock market index remained unchanged. The […]
Weekly Market Review – February 11, 2023
Stock Markets Major stock markets indexes ended slightly lower this week, most possibly due to the release of relatively little economic data to give investors reason to take strong positions in the market. The Dow Jones Industrial Average dipped lower by 0.17% while to total stock market pulled back slightly by 1.43%. The S&P 500 […]
Weekly Market Review – February 4, 2023
Stock Markets In the week just ended, the new year’s stock rally continued, driven in part by a deceleration in the rate of Federal Reserve rate hikes. Stocks rallied after the Fed announced a 25-basis point (0.25%) rate increase, marking a downshift in the pace of rate hikes, as the previous six rate increases were […]
Weekly Market Review – January 28, 2023
Stock Markets The new year 2023 registered a strong showing in its first month, a welcome development after a challenging 2022. In its last full week of trading for the month, the stock markets recorded a solid week of gains. This is the third weekly gain of the last four, buoyed by a series of […]
Weekly Market Review – January 21, 2023
Stock Markets Since the beginning of the year, the markets have rallied partly due to the better inflation outlook in the United States and around the world. The past week, however, equities appeared to hesitate and move sideways as investor sentiment seemed mixed. Economic data released midweek caused some negativity among investors when they pointed […]
Weekly Market Review – January 14, 2023
Stock Markets The stock market chalked up its second straight week of gains, with investors welcoming the good news that inflation data matched consensus estimates and that the quarterly earnings reporting season officially began on Friday. As reported by the Wall Street Journal, the technology tracker Nasdaq Stock Market Composite outperformed with a gain of […]
Weekly Market Review – January 7, 2023
Stock Markets Over the past week, welcome economic news propped up the stock markets despite rising inflation and interest rate hikes. The stock markets rallied in reaction to an encouraging jobs report, sparking gains in the major indexes. According to the Wall Street Journal, the Dow Jones Industrial Average (DJIA) gained 1.46% while the total […]