Weekly Market Review – December 31, 2022
Stock Markets Stocks closed the year down on thin trading volumes ahead of the long New Year’s holiday weekend. The Dow Jones Industrial Average (DJIA) is down for the week by 0.17%, while the total stock market index lost 0.09%. The S&P 500 Index slid by 0.14% while the Nasdaq Stock Market Composite fell by […]
Weekly Market Review – December 24, 2022
Stock Markets Trading during the week was light ahead of the Christmas weekend and typically light holiday season market activity before the New Year. The major indexes were mixed, with the Dow Jones Industrial Average chalking up a 0.86% gain and the total stock market down by 0.26%. The Nasdaq Stock Market Composite dipped 1.94%, […]
Weekly Market Review – December 17, 2022
Stock Markets In the week just concluded, equities fell by more than 2.0% as market sentiment went southward in reaction to a more hawkish Federal Reserve meeting and weakening retail-sales data, despite higher than consensus November CPI inflation data. The Dow Jones Industrial Average (DJIA) dipped by 1.66% as the total stock market index fell […]
Weekly Market Review – December 10, 2022
Stock Markets In the week just ended, stocks fell for all major indexes, halting the rally that began in mid-October. Ironically, the current pessimism hinges on the perception of coming economic weakness driven by evidence of ongoing economic strength in the economy itself. These data consist of elevated wage gains, robust job growth, and resilient […]
Weekly Market Review – December 3, 2022
Stock Markets Global stock markets have recorded their first back-to-back monthly gains in more than a year. Major U.S. equities ended higher, driven by investor optimism that the Federal Reserve may soon slow the pace of interest rate hikes. The Dow Jones Industrial Average (DJIA) gained 0.24% and its total stock market index climbed 1.20%. […]
Weekly Market Review – November 26, 2022
Stock Markets The holiday-truncated trading week produced gains in the major stock benchmarks. The Dow Jones Industrial Average (DJIA) climbed 2.39% while the Dow’s total stock market index likewise gained 1.98%. The S&P 500 Index added 2.02%, outperforming the technology-heavy Nasdaq Stock Market Composite which inched upward by 0.73%. The NYSE Composite advanced by 2.51%. […]
Weekly Market Review – November 19, 2022
Stock Markets This week, the equities market gave back a modest proportion of the previous week’s stellar gains as investors try to gauge the scale of the economic slowdown. The major stock indexes saw moderate retracements. The Dow Jones Industrial Average (DJIA) slid back 0.01% and its total stock market index receded 0.97%. The S&P […]
Weekly Market Review – November 12, 2022
Stock Markets Investors heaved a sigh of relief at the cooler-than-expected inflation data released this week. Although this in no way guarantees that the worst is over, the market is hopeful that October could be the start of a disinflationary trend that could hopefully spill over to next year. The lower-than-expected headline consumer price index […]
Weekly Market Review – November 5, 2022
Stock Markets Over the past week, the markets reversed the seeming recovery it appeared to trek just the week before. All indexes are down after the Federal Reserve hiked interest rates another 75 basis points, putting to rest speculation that the central bank was rethinking its hawkish policy and would moderate the pace of its […]
Weekly Market Review – October 29, 2022
Stock Markets The Dow Jones Industrial Average (DJIA) rose 5.72% and the total stock market index likewise climbed 4.15% for the week. The broad S&P 500 Index rose by 3.95%. The NYSE Composite ascended by 4.61% while the technology-heavy Nasdaq Stock Market Composite increased by 2.24%. The relative underperformance of the Nasdaq compared to the […]