Market Week: May 23, 2022

The Markets (as of market close May 20, 2022)  In another volatile week of trading, stocks fell for the seventh consecutive week. A late-day surge last Friday kept the S&P 500 out of bear territory, but not enough to keep it out of the red for the week. Disappointing earnings and declining profits from some…

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Market Week: May 16, 2022

The Markets (as of market close May 13, 2022)  Despite a late-week rally, stocks closed last week lower, extending the market’s streak of losses to six consecutive weeks. In what proved to be a very choppy week of trading, each of the benchmark indexes lost value, led by the Nasdaq, which is down over 24.0%…

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Market Week: May 9, 2022

The Markets (as of market close May 6, 2022)  Stocks ended last week lower, marking the fifth consecutive week of losses. Despite suggestions from Federal Reserve Chair Jerome Powell that the central bank is not likely to raise interest rates by 75 basis points, stubbornly high inflation has set the Fed on a path of…

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Market Week: May 2, 2022

The Markets (as of market close April 29, 2022)  The markets seemed to react with fear last week. The major indexes fell, with about 90% of S&P 500stocks losing ground and every major market sector closing in the red. Investors turned to bonds, sending the price of 10-year Treasury notes up and the yield down.…

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