Weekly Commentary

Weekly Commentary – September 6, 2022

THE WEEK ON WALL STREET The overhang of Fed Chair Powell’s Jackson Hole speech the previous week carried over into last week as investors recalibrated stock valuations amid a seemingly more assertive monetary policy stance. The Dow Jones Industrial Average fell 2.99%,...

read more

Weekly Commentary – August 29, 2022

THE WEEK ON WALL STREET A comprehensive sell-off on Friday following comments by Fed Chair Jerome Powell drove stocks to losses for the week. The Dow Jones Industrial Average tumbled 4.22%, while the Standard & Poor’s 500 dropped 4.04%. The Nasdaq Composite index...

read more

Weekly Commentary – August 22, 2022

THE WEEK ON WALL STREET Stocks tumbled on Friday, sending stocks to a weekly loss after an otherwise quiet August week of trading. The Dow Jones Industrial Average slipped -0.16%, while the Standard & Poor’s 500 lost 1.21%. The Nasdaq Composite index declined...

read more

Weekly Commentary – August 15, 2022

THE WEEK ON WALL STREET An improving inflation outlook buoyed investors’ spirits last week, helping lift stocks to solid gains. The Dow Jones Industrial Average advanced 2.92%, while the Standard & Poor’s 500 rose 3.26%. The Nasdaq Composite index added 3.08% for...

read more

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...

read more

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...

read more

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...

read more

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...

read more

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...

read more

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...

read more