Weekly Commentary

Weekly Commentary – December 5, 2022

THE WEEK ON WALL STREET Stocks ended higher last week as investors navigated the crosscurrents of a potential easing in future rate hikes and continued strength in the labor market. The Dow Jones Industrial Average edged 0.24% higher, while the Standard & Poor’s...

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Weekly Commentary – November 28, 2022

THE WEEK ON WALL STREET Growing optimism that the Fed may be ready to ease future interest rate hikes sent stocks higher in a quiet trading week. The Dow Jones Industrial Average gained 1.78%, while the Standard & Poor’s 500 added 1.53%. The Nasdaq Composite index...

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Weekly Commentary – November 21, 2022

THE WEEK ON WALL STREET The stock market edged lower last week as it digested a crosscurrent of conflicting economic data and contrasting comments from Fed officials. The Dow Jones Industrial Average was flat (-0.01%), while the Standard & Poor’s 500 declined by...

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Weekly Commentary – November 14, 2022

THE WEEK ON WALL STREET A cooling inflation number ignited a powerful rally on Thursday, sending stocks to strong gains for the week. The Dow Jones Industrial Average gained 4.15%, while the Standard & Poor’s 500 added 5.90%. The Nasdaq Composite index rose 8.10%...

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Weekly Commentary – November 7, 2022

THE WEEK ON WALL STREET Hawkish comments by Fed Chair Jerome Powell, following the announcement of another 75 basis points interest rate hike last week, cast a pall over financial markets, sending yields higher and stocks lower. The Dow Jones Industrial Average...

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Weekly Commentary – October 31, 2022

THE WEEK ON WALL STREET Stocks overcame poor earnings results from some of America’s largest companies to post gains last week as investors cheered positive earnings surprises, easing inflation and a rebound in economic growth. The Dow Jones Industrial Average rose...

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Weekly Commentary – October 24, 2022

THE WEEK ON WALL STREET A positive start to a new earnings season and late-week hopes for a near-term easing in Fed rate hikes lifted investors’ spirits and powered stocks to gains for the week. The Dow Jones Industrial Average jumped 4.89%, while the Standard &...

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Weekly Commentary – October 17, 2022

THE WEEK ON WALL STREET Stocks were mixed last week amid wide intra- and inter-day price swings, as technology shares bore the brunt of the downdraft. The Dow Jones Industrial Average gained 1.15% for the week. Meanwhile, the Standard & Poor’s 500 slipped 1.55%,...

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Weekly Commentary – October 10, 2022

THE WEEK ON WALL STREET A powerful two-day stock rebound cemented a positive week for investors as a new trading month began. The Dow Jones Industrial Average rose 1.99%, while the Standard & Poor’s 500 added 1.51%. The Nasdaq Composite index increased 0.73% for...

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Weekly Commentary – October 3, 2022

THE WEEK ON WALL STREET Rising recession fears and uncertainty in the bond and currency markets sent stocks to new 2022 lows last week. The Dow Jones Industrial Average declined 2.92%, while the Standard & Poor’s 500 slumped 2.91%. The Nasdaq Composite index fell...

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