Weekly Market Commentary
Stocks showed mixed results last week.
Monday January 23rd, 2023
Stocks showed mixed results last week as recession fears resurfaced in response to weak economic data and a tepid start to a new corporate
earnings season. The Dow Jones Industrial Average skidded 2.70%...
Stocks into Positive Territory
Monday January 9th, 2023
A strong Friday rally triggered by fresh signs of moderating inflation pushed stocks into positive territory to begin the new year. The Dow Jones Industrial Average rose 1.46%, while the Standard & Poor’s 500 advanced 1.45%. The Nasdaq Composite index gained 0.98%. The MSCI EAFE index, which tracks developed overseas stock markets, added 0.90%.1,2,3..
Erratic Trading Left Stocks Marginally Down in Holiday Shortened Week
Monday January 2nd, 2023
In a holiday-shortened week, erratic trading left stocks marginally down for the week. The Dow Jones Industrial Average lost 0.17%, while the Standard & Poor’s 500 slipped 0.14%. The Nasdaq Composite index fell 0.30%. The MSCI EAFE index, which tracks developed overseas stock markets, edged 0.61% higher.1,2,3