by PMG | Jan 30, 2023 | Weekly Commentary
THE WEEK ON WALL STREET Stocks added to their early 2023 gains amid a busy stream of mixed corporate earnings results and conflicting economic data. The Dow Jones Industrial Average gained 1.81%, while the Standard & Poor’s 500 added 2.47%. The Nasdaq Composite...
by PMG | Jan 23, 2023 | Weekly Commentary
THE WEEK ON WALL STREET Stocks showed mixed results last week as recession fears resurfaced in response to weak economic data and a tepid start to a new corporate earnings season. The Dow Jones Industrial Average skidded 2.70%, while the Standard & Poor’s 500...
by PMG | Jan 17, 2023 | Weekly Commentary
THE WEEK ON WALL STREET Stocks rallied last week thanks to fresh confirmation of inflation’s cooling trend and growing optimism that an inflation slowdown may provide the Fed with space to ease up on future rate hikes. The Dow Jones Industrial Average gained 2.00%,...
by PMG | Jan 9, 2023 | Weekly Commentary
THE WEEK ON WALL STREET A strong Friday rally triggered by fresh signs of moderating inflation pushed stocks into positive territory to begin the new year. The Dow Jones Industrial Average rose 1.46%, while the Standard & Poor’s 500 advanced 1.45%. The Nasdaq...
by PMG | Jan 3, 2023 | Weekly Commentary
THE WEEK ON WALL STREET In a holiday-shortened week, erratic trading left stocks marginally down for the week. The Dow Jones Industrial Average lost 0.17%, while the Standard & Poor’s 500 slipped 0.14%. The Nasdaq Composite index fell 0.30%. The MSCI EAFE index,...
