by cambridgesourcesites | Jul 25, 2022 | Weekly Economic
Presented by William Mauro 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 & Poor’s 500 added 2.55%. The Nasdaq...
by cambridgesourcesites | Jul 18, 2022 | Weekly Economic
Presented by William Mauro A record-high inflation report, the prospects of a more aggressive Fed, and growing recession fears sent stocks lower– though losses were pared by a Friday rally. The Dow Jones Industrial Average slipped 0.16%, while the Standard &...
by cambridgesourcesites | Jul 11, 2022 | Weekly Economic
Presented by William Mauro 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 rose 1.94%. The Nasdaq...
by cambridgesourcesites | Jun 27, 2022 | Weekly Economic
Presented by William Mauro 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%. The Nasdaq Composite index rose...
by cambridgesourcesites | Jun 21, 2022 | Weekly Economic
Presented by William Mauro 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 & Poor’s 500 dropped 5.79%. The Nasdaq Composite...
by cambridgesourcesites | Jun 13, 2022 | Weekly Economic
Presented by William Mauro 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 5.05%. The Nasdaq Composite index slid...