Weekly Commentary – August 8, 2022

THE WEEK ON WALL STREET Stocks turned in a mixed performance last week as investors struggled with headlines suggesting that the Fed was unlikely to soon ease up on its current monetary tightening policy. The Dow Jones Industrial Average slipped 0.13%, while the...

Weekly Commentary – August 2, 2022

THE WEEK ON WALL STREET Undaunted by another Fed rate hike and news of a contracting economy, the stock market rallied last week on better-than-expected corporate earnings. The Dow Jones Industrial Average increased 2.97%, while the Standard & Poor’s 500 picked up...

Weekly Commentary – July 25, 2022

THE WEEK ON WALL STREET Stocks rallied last week as investor spirits lifted thanks to a better-than-expected start to the second-quarter earnings season. The Dow Jones Industrial Average gained 1.95%, while the Standard & Poor’s 500 added 2.55%. The Nasdaq...

Weekly Commentary – July 18, 2022

THE WEEK ON WALL STREET A record-high inflation report, the prospects of a more aggressive Fed, and growing recession fears sent stocks lower– though a Friday rally pared losses. The Dow Jones Industrial Average slipped 0.16%, while the Standard & Poor’s 500 lost...

Weekly Commentary – July 11, 2022

THE WEEK ON WALL STREET In a holiday-shortened trading week, stocks rallied despite mixed economic data and vacillating energy prices and bond yields. The Dow Jones Industrial Average increased 0.77%, while the Standard & Poor’s 500 rose 1.94%. The Nasdaq...

Weekly Commentary – July 5, 2022

THE WEEK ON WALL STREET Stocks turned lower as a quiet news week offered investors little fresh visibility into the market overhangs of economic slowdown and inflation. The Dow Jones Industrial Average dipped 1.28%, while the Standard & Poor’s 500 fell 2.21%. The...