Weekly Market Review – July 30, 2022
Stock Markets In the last trading week, three major data releases impacted the markets – the July Federal Reserve rate increase, the second-quarter gross domestic product (GDP) reading, and the current second-quarter earnings season focusing on large-cap technology. Market reaction was relatively optimistic despite the data seeming broadly soft since investors have already generally priced […]
Weekly Market Review – July 23, 2022
Stock Markets Most indexes were up this past trading week. The Dow Jones Industrial Average (DJIA) was up 1.95% and the total stock market rose 2.76%, although the utility sector underperformed, sliding 0.23%. The S&P 500 Index gained 2.55%, while the Nasdaq Stock Market Composite, the benchmark for technology stocks, rose faster at 3.33%. The […]
Weekly Market Review – July 16, 2022
Stock Markets Equities remained volatile in light-volume summer trading. Anticipation over the release of the important inflation data appeared to have kept investors out of the market, but inflation came in higher than expected. The higher-than-expected consumer prices for June pushed consumer inflation to 9.1%, higher than the expected 8.8%, resulting in a new 41-year […]
Weekly Market Review – July 9, 2022
Stock Markets The markets were generally up over the past week. The Dow Jones Industrial Average (DJIA) gained 0.77% from the previous week’s close, while the broader S&P 500 Index rose by 1.94%. The technology tracker Nasdaq Composite rose 4.56%, signaling that most of the rebound took place in the technology sector. Within the Dow […]
Weekly Market Review – July 2, 2022
Stock Markets Over the week just concluded, the stock markets showed took a further dip ahead of a long holiday weekend. The Dow Jones Industrial Average (DJIA) closed 1.28% lower week-on-week with all sectors down except for the utility sector which managed to average 4.09% up. The S&P 500 Index closed 2.21% down, while the […]
Weekly Market Review – June 25, 2022
Stock Markets Over the holiday-shortened trading week (markets were closed on Monday in observance of Juneteenth), investors were encouraged by signs that inflation might be moderating, cooling the overheating economy. The sentiment helped stocks regain lost ground and rally sharply. The Dow Jones Industrial Average (DJIA) gained 5.39% while the S&P 500 Index surged by […]
Weekly Market Review – June 18, 2022
Stock Markets Stocks ended sharply lower for the second consecutive week on fears that the economy will experience a hard landing due to the Federal Reserve’s most aggressive rate hike since 1994. The week began with a sell-off that left every stock in the S&P 500 down at one point, a phenomenon that has not […]
Weekly Market Review – June 11, 2022
Stock Markets Over the last five days of trading, stocks plunged sharply on further news of rising inflation rates. The Dow Jones Industrial Average (DJIA) dropped 1,506.91 points (4.58%) during the week, a full 880.00 points (2.73%) on Friday alone. The S&P 500 Index lost 207.68 points (5.05%) while the Nasdaq Composite Index pulled back […]
Weekly Market Review – June 4, 2022
Stock Markets Part of the previous week’s strong gains was given up during this week’s trading, despite being only a four-day trade week due to Monday being Memorial Day. Investors continue to remain uncertain as to whether the Federal Reserve will be able to rein in inflation without pushing the economy into a full-blown recession. […]
Weekly Market Review – May 28, 2022
Stock Markets Stock markets gained ground this week after seven straight weeks of losses. Every sector of the large-cap S&P 500 advanced, led by consumer discretionary and energy stocks which surged the most. Underperforming the rest was the health care sector. Even the tech-heavy Nasdaq Composite Index exhibited solid gains. The cross-sector strength seems to […]