Weekly Market Insights – Monday, July 31, 2023
Stocks Jump After Inflation Gauge Cools: A Friday surge pushed stocks solidly into positive territory last week, ignited by cooling in an inflation gauge closely tracked by the Federal Reserve. Over the last month, The Dow Jones Industrial Average returned 3.13%, while the S&P 500 returned 2.96%. The Nasdaq Composite Index returned 3.94%. Source: Charles […]
Weekly Market Insights – Tuesday, July 25, 2023
Stocks Advance and Retreat on Mixed News: Stocks moved to the rhythm of earnings season last week, initially rising on positive earnings surprises and faltering later in the week on key earnings disappointments. Over the last month, The Dow Jones Industrial Average returned 4.72%, while the S&P 500 returned 4.50%. The Nasdaq Composite Index returned […]
Weekly Market Insights – Monday, July 17, 2023
Bad News for Bears; Good News Buoys Markets: Better-than-expected updates last week on consumer and wholesale price inflation buoyed investor sentiment, driving stocks higher and lower bond yields. Over the last month, The Dow Jones Industrial Average returned 0.85%, while the S&P 500 returned 2.15%. The Nasdaq Composite Index returned 3.23%. Source: Charles Schwab & […]
Weekly Market Insights – Monday, July 10, 2023
Stocks Stumble with CPI on Deck: Rising concerns about further rate hikes sent stocks lower to kick off the second half of trading. Over the last month, The Dow Jones Industrial Average returned 0.03%, while the S&P 500 returned 2.37%. The Nasdaq Composite Index returned 2.87%. Source: Charles Schwab & Co, Inc. Stocks Slide Stocks […]
Weekly Market Insights – Monday, June 26, 2023
Stocks Take Summer Break, Month Remains Strong: Stocks took a breather last week as investors digested the previous week’s surge and the month-to-date solid gains. Over the last month, The Dow Jones Industrial Average returned 2.86%, while the S&P 500 returned 4.89%. The Nasdaq Composite Index returned 6.72%. Source: Charles Schwab & Co, Inc. Rally […]
Weekly Market Insights – Tuesday, June 20, 2023
Stocks Climb After Fed Pause: Stocks climbed last week as reassuring inflation data boosted investor hopes that the rate-hike cycle was nearing an end amid fresh economic data pointing to continued economic resilience. Over the last month, The Dow Jones Industrial Average returned 2.61%, while the S&P 500 returned 4.82%. The Nasdaq Composite Index returned […]
Weekly Market Insights – Monday, June 12, 2023
Markets March Into Positive Territory Continues: A late-week rally sent stocks into positive territory, with the S&P 500 Index closing just shy of the 4,300 mark. Over the last month, The Dow Jones Industrial Average returned 1.91%, while the S&P 500 returned 4.47%. The Nasdaq Composite Index returned 8.40%. Source: Charles Schwab & Co, Inc. […]
Weekly Market Insights – Monday, June 5, 2023
Debt Deal Relieves Market Worries: Stocks surged higher in the closing days of a holiday-shortened trading week, ignited by a political resolution on raising the debt ceiling and a strong employment report. Over the last month, The Dow Jones Industrial Average returned –0.20%, while the S&P 500 returned 3.93%. The Nasdaq Composite Index returned 9.48%. […]
Weekly Market Insights – Tuesday, May 30, 2023
Debt Talks Optimism Keeps Eyes On D.C.: Markets moved in sync last week with perceived movement in debt ceiling talks, weakening early in the week and then surging on news of progress. A solid quarterly report and guidance from a mega-cap technology company helped with enthusiasm. Over the last month, The Dow Jones Industrial Average […]
Weekly Market Insights – Monday, May 22, 2023
Despite Stall, Debt Deal Optimism Cheers Markets: Stocks rallied last week, propelled by growing optimism over reaching a deal on raising the debt ceiling and avoiding a technical debt default by the U.S. Over the last month, The Dow Jones Industrial Average returned –1.42%, while the S&P 500 returned 1.54%. The Nasdaq Composite Index returned […]