by cambridgesourcesites | Mar 6, 2023 | Weekly Economic
Fed’s Reassurance Boosts Stocks Presented by Broad Street Financial A late-week surge, triggered by reassuring Fed-speak, propelled stocks higher last week. The Dow Jones Industrial Average gained 1.75%, while the Standard & Poor’s 500 advanced 1.90%. The Nasdaq...
by cambridgesourcesites | Feb 27, 2023 | Weekly Economic
FOMC Says Inflation Is Still Too High Presented by Broad Street Financial Concerns over a firmer monetary policy were heightened by fresh economic data, touching off a climb in bond yields and a slide in stock prices last week. The Dow Jones Industrial Average skidded...
by cambridgesourcesites | Feb 20, 2023 | Weekly Economic
Mixed Results As Interest Rate Concerns Grow Presented by Broad Street Financial Growing concerns about further interest rate hikes, prompted by fresh economic data, reversed early-week gains and left stocks mixed for the week. The Dow Jones Industrial Average slipped...
by cambridgesourcesites | Feb 13, 2023 | Weekly Economic
Mixed Feelings And Mixed Earnings Presented by Broad Street Financial Stocks drifted lower as a week of mixed earnings reports and resurgent worries over Fed monetary policy dragged on investor sentiment. The Dow Jones Industrial Average slipped 0.17%, while the...
by cambridgesourcesites | Feb 6, 2023 | Weekly Economic
Powell: Inflation Heading In The Right Direction Presented by William Mauro Stocks were mixed last week following better-than-expected corporate reports and increasing optimism over a slowdown in interest rates. The Dow Jones Industrial Average edged lower, slipping...
