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...
Weekly Market Update – November 04, 2022
Quick Takes The Federal Open Market Committee (FOMC) reiterated that future rate increases will be appropriate, and Fed Chair Powell said that the ultimate level of rates will be higher than initially thought and that the notion of a pause any time soon was very...