A hotter-than-expected inflation report sent stocks sharply lower last week as investors faced the prospect of more aggressive interest rate hikes by the Federal Reserve for perhaps a longer period. The Dow Jones Industrial Average fell 4.13%, while the Standard &...
09/06/22 Wealth Management Insights
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Written By: Eric Baker
September 12, 2022 Wealth Management Insights
September 12, 2022, Wealth Management Insights. In a holiday-shortened week of trading, stocks posted healthy gains despite more tough talk on monetary policy from Fed officials. The Dow Jones Industrial Average rose 2.66%, while the Standard & Poor’s 500 gained...
08/29/22 Wealth Management Insights
08/29/22 Wealth Management Insights. A comprehensive sell-off on Friday following comments by Fed Chair Jerome Powell drove stocks to losses for the week. The Dow Jones Industrial Average tumbled 4.22%, while the Standard & Poor's 500 dropped 4.04%. The Nasdaq...
08/22/22 Wealth Management Insights
08/22/22 Wealth Management Insights. Stocks tumbled on Friday, sending the market to a weekly loss after an otherwise quiet week of trading. The Dow Jones Industrial Average slipped -0.16%, while the Standard & Poor’s 500 lost 1.21%. The Nasdaq Composite Index...
08/15/22 Wealth Management Insights
08/15/22 Wealth Management Insights. An improving inflation outlook buoyed investors’ spirits last week, helping lift stocks to solid gains. The Dow Jones Industrial Average advanced 2.92%, while the Standard & Poor’s 500 rose 3.26%. The Nasdaq Composite index...
08/08/22 Wealth Management Insights
08/08/22 Wealth Management Insights. Stocks turned in a mixed performance last week as investors struggled with headlines suggesting that the Fed was unlikely to soon ease up on its current monetary tightening policy. The Dow Jones Industrial Average slipped 0.13%,...