Weekly Market Update – December 2, 2022
Quick Takes U.S. indexes stocks rallied for a second straight week, the first back-to-back weekly gains for the major indexes since October. As with the prior week’s rally, the recent week’s strength was fueled by news that the Fed will slow the pace of rate hikes....
Weekly Market Update – November 25, 2022
Quick Takes The main U.S. indexes ended the holiday-shortened week higher as signs that the Fed may slow the pace of future rate hikes gave stocks a boost. The S&P 500 rose +1.5%, the tech-heavy Nasdaq Composite was up +0.7%, and the small cap Russell 2000 added...
Weekly Market Update – November 18, 2022
Quick Takes The main U.S. indexes ended the week with losses as doubts rose about the recent rally being sustained, despite signs of easing inflation. The S&P 500 fell -0.7%, the tech-heavy Nasdaq Composite slid -1.6%, and the small cap Russell 2000 dropped -1.8%....
Weekly Market Update – November 11, 2022
Quick Takes U.S. stocks posted their biggest daily gain since March 2020 following tepid inflation data from October’s Consumer Price Index (CPI), with the S&P 500 Index up +5.9% for the week. The Nasdaq Composite Index recorded its best week since March, with a...