Uncategorized
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%…
Read MoreMarket 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…
Read MoreMarket 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.…
Read MoreMarket Month: April 2022
The Markets (as of market close April 29, 2022) April saw rising COVID cases in China prompt the shutdown of some of its biggest cities, causing global supply-chain issues. The ongoing war in Ukraine continues to exacerbate pressure on food and energy prices. While first-quarter earnings data was moderately favorable overall, several major companies reported…
Read MoreMarket Week: April 25, 2022
The Markets (as of market close April 22, 2022) Wall Street closed lower last week as investors weighed mixed earnings data against increased certainty of aggressive interest rate hikes by the Federal Reserve. It was the third straight week of losses for the S&P 500 and the Nasdaq, while the Dow declined for the fourth…
Read MoreMarket Week: April 18, 2022
The Markets (as of market close April 14, 2022) Stocks ended last week mostly lower. Each of the benchmark indexes listed here closed down during the holiday-shortened week, as Wall Street was closed in observance of Good Friday. Tech shares slid lower, pulling the Nasdaq down 2.6%. The S&P 500 also fell more than 2.0%…
Read MoreMarket Week: April 11, 2022
The Markets (as of market close April 8, 2022) Stocks lost value last week as each of the benchmark indexes listed here finished lower. The Nasdaq and the Russell 2000 were hit the hardest, followed by the Global Dow, the S&P 500, and the Dow. Ten-year Treasury yields jumped 34 basis points as bond prices…
Read MoreMarket Week: April 4, 2022
The Markets (as of market close April 1, 2022) Stocks closed generally higher last week, with only the Dow failing to post a gain. As has been the case since the end of February, investors have had to weigh the impact of the Russia-Ukraine war on the economy in general and inflation in particular. Adding…
Read MoreQuarterly Market Review: January – March 2022
The Markets (first quarter through March 31, 2022) Wall Street dealt with several major issues in the first quarter of 2022. Investors had to evaluate the impact of rising inflation, higher interest rates, ongoing coronavirus concerns, and the Russia-Ukraine war. Each of the benchmark indexes listed here lost value by the end of the quarter.…
Read MoreMarket Week: March 28, 2022
The Markets (as of market close March 25, 2022) Wall Street closed higher for the second consecutive week, despite several days where stock valuesseesawed. The tech-heavy Nasdaq led the gainers, followed by the S&P 500, the Global Dow, and theDow. The small caps of the Russell 2000 edged lower. Information technology was the worst-performing sector,…
Read More