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Weekly Economic Update: May 30, 2023
The Markets (as of market close May 26, 2023) Wall Street ended last week with mixed returns. The Nasdaq and the S&P 500 were pushed higher by tech shares and artificial intelligence (AI) stocks. The Global Dow, the Dow, and… Read More
Weekly Economic Update: May 22, 2023The Markets (as of market close May 19, 2023) Most of last week, traders seemed to react to negotiations concerning the debt ceiling. Despite a lackluster ending to the week, stocks closed generally higher. Tech shares climbed nearly 4.0%, while… Read More
Weekly Economic Update: May 15, 2023The Markets (as of market close May 12, 2023) Stocks trended lower last week, with only the Nasdaq able to eke out a gain. Traders remained pensive as they await negotiations on the debt ceiling. With roughly 92% of the… Read More
Weekly Economic Update: May 8, 2023The Markets (as of market close May 5, 2023) Stocks closed last week generally lower, with only the Nasdaq eking out a minimal gain. A rally last Friday wasn’t enough to recoup losses experienced during the week. Traders had quite… Read More
Weekly Economic Update: May 1, 2023The Markets (as of market close April 28, 2023) Stocks ended the week higher as strong corporate earnings data helped offset worries of another round of interest rate hikes, following the Federal Reserve’s meeting this week. All major stock benchmark… Read More
Weekly Economic Update: April 24, 2023The Markets (as of market close April 21, 2022) Stocks were relatively listless last week, with only the Russell 2000 posting a gain of 0.6%. The Nasdaq, the Dow, and the Global Dow fell between 0.2% and 0.4%, while the… Read More
Weekly Economic Update: April 17, 2023The Markets (as of market close April 14, 2022) Traders spent much of last week contemplating the impact of the latest inflation data and the first batch of first-quarter bank earnings. The process of disinflation continued, and retail sales softened… Read More
Weekly Economic Update: April 10, 2023The Markets (as of market close April 7, 2022) Last week, most financial markets closed for Good Friday, although bond markets were open until noon. Stocks ended last week with mixed results, with the Dow and the Global Dow adding… Read More
Weekly Economic Update: April 3, 2023The Markets (as of market close March 31, 2022) Equities closed the week and month higher. Stocks posted gains in four of the five sessions last week, with the Global Dow and the Russell 2000 leading the way. The Nasdaq… Read More
Weekly Economic Update: March 27, 2023The Markets (as of market close March 24, 2022) Stock traders were on edge for most of the week, with concerns about banking, rising interest rates, inflation, and volatile stock and bond markets. Treasury yields dipped to their lowest levels… Read More
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Weekly Economic Updates
