Weekly Economic Update for August 1, 2022

August 1, 2022Economic Update

In this week’s recap: Markets rally; earnings better than expected. Weekly Economic Update Presented by Rabenold Advisors August 1, 2022 THE WEEK ON WALL STREET Undaunted by another Fed rate hike and news of a contracting economy, the stock market rallied last week on better-than-expected corporate earnings. The Dow Jones Industrial Average increased 2.97%, while … Read More

Weekly Economic Update for July 25, 2022

July 25, 2022Economic Update

In this week’s recap: Markets react to dim forecast, 2Q reports. Weekly Economic Update Presented by Rabenold Advisors, July 25, 2022 THE WEEK ON WALL STREET Stocks rallied last week as investor spirits lifted thanks to a better-than-expected start to the second-quarter earnings season. The Dow Jones Industrial Average gained 1.95%, while the Standard & … Read More

Weekly Economic Update for July 18, 2022

July 19, 2022Economic Update

In this week’s recap: Friday rally stems week of losses. Weekly Economic Update Presented by Rabenold Advisors, July 19, 2022 THE WEEK ON WALL STREET A record-high inflation report, the prospects of a more aggressive Fed, and growing recession fears sent stocks lower– though a Friday rally pared losses. The Dow Jones Industrial Average slipped … Read More

Weekly Economic Update for July 11, 2022

July 11, 2022Economic Update

In this week’s recap: Stocks rally despite mixed data. Weekly Economic Update Presented by Rabenold Advisors, July 11, 2022 THE WEEK ON WALL STREET In a holiday-shortened trading week, stocks rallied despite mixed economic data and vacillating energy prices and bond yields. The Dow Jones Industrial Average increased 0.77%, while the Standard & Poor’s 500 … Read More

Weekly Economic Update for July 4, 2022

July 7, 2022Economic Update

In this week’s recap: Pre-holiday markets see no rebound. Weekly Economic Update Presented by Rabenold Advisors, July 4, 2022 THE WEEK ON WALL STREET Stocks turned lower as a quiet news week offered investors little fresh visibility into the market overhangs of economic slowdown and inflation. The Dow Jones Industrial Average dipped 1.28%, while the … Read More

Weekly Economic Update for June 27, 2022

June 27, 2022Economic Update

In this week’s recap: Stocks rally, despite recession concerns. Weekly Economic Update Presented by Rabenold Advisors, June 27, 2022 THE WEEK ON WALL STREET Prospects of cooling inflation powered a rally in stock prices last week despite growing recession concerns. The Dow Jones Industrial Average gained 5.39%, while the Standard & Poor’s 500 climbed 6.45%. … Read More

Weekly Economic Update for June 20, 2022

June 21, 2022Economic Update

In this week’s recap: Fed rate hike triggers market dip. Weekly Economic Update Presented by Rabenold Advisors, June 21, 2022 THE WEEK ON WALL STREET Stocks moved lower last week as recession fears deepened following a Fed hike in interest rates and weak economic data. The Dow Jones Industrial Average fell 4.79%, while the Standard … Read More

Weekly Economic Update for June 13, 2022

June 13, 2022Economic Update

In this week’s recap: Stocks dip on inflation report. Weekly Economic Update Presented by Rabenold Advisors, June 13, 2022 THE WEEK ON WALL STREET A higher-than-expected inflation report triggered a sell-off on Friday, leaving stocks in the red for the week. The Dow Jones Industrial Average lost 4.58%, while the Standard & Poor’s 500 dropped … Read More

Weekly Economic Update for June 6, 2022

June 6, 2022Economic Update

In this week’s recap: Stocks slip on mixed economic news. Weekly Economic Update Presented by Rabenold Advisors, June 6, 2022 THE WEEK ON WALL STREET In a holiday-shortened week of volatile trading, stocks surrendered some of the previous week’s strong gains. The Dow Jones Industrial Average fell 0.94%, while the Standard & Poor’s 500 declined … Read More

Weekly Economic Update for May 30, 2022

May 31, 2022Economic Update

In this week’s recap: Confidence in Fed helps spark market rally. Weekly Economic Update Presented by Rabenold Advisors, May 31, 2022 THE WEEK ON WALL STREET Stocks posted solid gains for the week, buoyed by the release of Fed meeting minutes and upbeat earnings from mid-size and discount retailers. The Dow Jones Industrial Average jumped … Read More