by cambridgesourcesites | May 8, 2023 | Weekly Economic
Friday Rally Trims Losses; CPI Report Next Week Presented by Broad Street Financial A Friday rebound, triggered by a big tech company’s earnings beat and a strong jobs report, shaved much of the week’s accumulated losses. The Dow Jones Industrial Average fell 1.24%,...
by cambridgesourcesites | May 1, 2023 | Weekly Economic
Stocks Rally As Attention Shifts To Fed’s May Meeting Presented by Broad Street Financial Strong earnings from several mega-cap technology companies offset renewed regional banking jitters and weak economic data, leaving stocks higher for the week. The Dow Jones...
by cambridgesourcesites | Apr 24, 2023 | Weekly Economic
Stocks Show Small Losses After Mixed Week Presented by Broad Street Financial Stocks remained resilient last week amid mixed earnings reports, hawkish Fed-speak, and lingering recession fears, closing out the five trading days with small losses. The Dow Jones...
by cambridgesourcesites | Apr 21, 2023 | Weekly Economic
Weekly Market Insights: Debt Talks Optimism Keeps Eyes On D.C. Presented by Broad Street Financial Markets moved in sync last week with perceived movement in debt ceiling talks, weakening early in the week and then surging on news of progress. A solid quarterly report...
by cambridgesourcesites | Apr 17, 2023 | Weekly Economic
Lower Inflation Lifts Spirits In Uneven Week. Presented by Broad Street Financial The combination of an improving inflation outlook resulted in a week of uneven, albeit positive, performance, in which cyclical and financial stocks rallied while technology, real...