Market Week: August 7, 2023
|

Market Week: August 7, 2023

Key Dates/Data Releases8/1: S&P Manufacturing PMI, JOLTS8/1: S&P Services PMI8/4: Employment situationMarket Week: August 7, 2023The Markets (as of market close August 4, 2023)Stocks endured a losing week for the first time since early July. Each of the benchmark indexes listed here lost value, with the S&P 500 and the Nasdaq suffering the steepest weekly…

Market Week: July 31, 2023
|

Market Week: July 31, 2023

Key Dates/Data Releases8/1: S&P Manufacturing PMI, JOLTS8/1: S&P Services PMI8/4: Employment situationMarket Week: July 31, 2023The Markets (as of market close July 28, 2023)Stocks enjoyed a favorable week of returns, with each of the benchmark indexes listed here posting solid gains. The Dow and the S&P 500 notched their third straight week of gains. Inflation…

Market Week: July 17, 2023
|

Market Week: July 17, 2023

Key Dates/Data Releases7/18: Retail sales, industrial production7/19: Housing starts7/20: Existing home salesMarket Week: July 17, 2023The Markets (as of market close July 14, 2023)Wall Street enjoyed a positive week of returns, with each of the benchmark indexes posting solid gains, despite a marginal downturn at the end of last week. The financial sector began releasing…

Market Week: July 10, 2023
|

Market Week: July 10, 2023

Key Dates/Data Releases7/12: Consumer Price Index7/13: Producer Price Index, Treasury budget statement7/14: Import and export pricesMarket Week: July 10, 2023The Markets (as of market close July 7, 2023)Stocks fell for the second straight week, with each of the benchmark indexes losing ground. The Dow led the declines, followed by the Global Dow, the Russell 2000,…

Market Week: July 3, 2023
|

Market Week: July 3, 2023

Key Dates/Data Releases7/3: S&P Manufacturing Index7?6: International trade in goods and services, S&P Services Index, JOLTS7/7: Employment situationMarket Week: July 3, 2023The Markets (as of market close June 30, 2023)Stocks moved higher last week as favorable inflation data added to investor hopes that the Federal Reserve would relax its monetary policy, despite Fed Chair Powell’s…

Market Week: June 26, 2023
|

Market Week: June 26, 2023

Key Dates/Data Releases6/27: Durable goods orders, new home sales6/28: International trade in goods6/28: GDP6/29: Personal income and outlaysMarket Week: June 26, 2023The Markets (as of market close June 23, 2023)Recession fears sent stocks lower during the holiday-shortened week. Each of the benchmark indexes listed here closed in the red, with the small caps of the…

Market Week: June 20, 2023
|

Market Week: June 20, 2023

Key Dates/Data Releases6/20: Housing starts6/22: Existing home salesMarket Week: June 20, 2023The Markets (as of market close June 16, 2023)Stocks advanced for the third straight week, as each of the benchmark indexes listed here climbed higher. Inflationary pressures may finally be subsiding, according to the latest data (see below). In addition, the Federal Reserve held…

Market Week: June 12, 2023
|

Market Week: June 12, 2023

Key Dates/Data Releases6/12: Treasury statement6/13: Consumer Price Index6/14: FOMC Statement6/15: Retail sales, import and export prices, industrial productionMarket Week: June 12, 2023The Markets (as of market close June 9, 2023)Stocks closed another week higher, with each of the benchmark indexes listed here posting gains. With last week’s advance, the Nasdaq has risen for seven consecutive…

Market Week: May 30, 2023
|

Market Week: May 30, 2023

Key Dates/Data Releases5/31: JOLTS 6/1: S&P Manufacturing PMI 6/2: Employment situationMarket Week: May 30, 2023The 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 the Russell 2000 closed…