by cambridgesourcesites | Apr 10, 2023 | Weekly Economic
Weekly Market Insights: Hiring Cools; Recession Fears Rise. Stocks ended a shortened week of trading mixed amid revived recession fears on Wall Street triggered by weak economic data. The Dow Jones Industrial Average gained 0.63%, while the Standard & Poor’s 500...
by cambridgesourcesites | Apr 3, 2023 | Weekly Economic
Banking Crisis Fears Dim; Markets Rally Presented by William Mauro Stocks rallied last week on receding fears of a widening banking crisis, led by resurging investor interest in technology and communication services names. The Dow Jones Industrial Average gained...
by cambridgesourcesites | Mar 27, 2023 | Weekly Economic
Mixed Message Provokes Volatility Presented by William Mauro Modest gains in major market indices masked sharp volatility amid the uncertainty arising from mixed messages emanating from public officials and revived banking fears. The Dow Jones Industrial Average...
by cambridgesourcesites | Mar 20, 2023 | Weekly Economic
Markets Cautious After Banking Woes; Awaiting Fed Reaction Presented by Broad Street Financial Amid the reverberations of two U.S. banks being taken over by regulators and the spread of uncertainty to European banks, stocks trended higher last week on the strength of...
by cambridgesourcesites | Mar 13, 2023 | Weekly Economic
Stocks tumbled last week as investors reconsidered their interest rate expectations after Fed Chair Powell’s Congressional testimony that rates may need to go higher. Stocks also were rattled when a west coast bank was placed into receivership on Friday following a...
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...
