by cambridgesourcesites | Sep 6, 2022 | Weekly Economic
Presented by William Mauro The overhang of Fed Chair Powell’s Jackson Hole speech the previous week carried over into last week as investors recalibrated stock valuations amid a seemingly more assertive monetary policy stance. The Dow Jones Industrial Average fell...
by cambridgesourcesites | Aug 29, 2022 | Weekly Economic
Presented by William Mauro 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...
by cambridgesourcesites | Aug 22, 2022 | Weekly Economic
Presented by William Mauro Stocks tumbled on Friday, sending stocks to a weekly loss after an otherwise quiet August week of trading. The Dow Jones Industrial Average slipped -0.16%, while the Standard & Poor’s 500 lost 1.21%. The Nasdaq Composite index declined...
by cambridgesourcesites | Aug 15, 2022 | Weekly Economic
Presented by William Mauro 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 added...
by cambridgesourcesites | Aug 8, 2022 | Weekly Economic
Presented by William Mauro 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%, while the...
by cambridgesourcesites | Aug 1, 2022 | Weekly Economic
Presented by William Mauro 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 the Standard & Poor’s 500 picked...
