by cambridgesourcesites | Feb 10, 2022 | Weekly Economic Update
Stocks managed to gain ground last week as investors turned their focus to corporate earnings. The Dow Jones Industrial Average rose 1.05%, while the Standard & Poor’s 500 gained 1.55%. The Nasdaq Composite index picked up 2.38% for the week. The MSCI EAFE index,...
by cambridgesourcesites | Feb 10, 2022 | Weekly Economic Update
An exceptionally volatile week, marked by wide intraday price swings, whipsawed investors with stocks ending higher following a surge to the upside on the final trading day of the week. The Dow Jones Industrial Average rose 1.34%, while the Standard & Poor’s 500...
by cambridgesourcesites | Jan 24, 2022 | Weekly Economic Update
In this week’s recap: Stocks sink on rate hike talk. Weekly Economic Update Presented by Craig Moore, January 24, 2022 THE WEEK ON WALL STREET Stocks extended their January retreat as worries over inflation and rising bond yields continued to exert downward...
by cambridgesourcesites | Jan 18, 2022 | Weekly Economic Update
In this week’s recap: Volatile week as Fed speaks of multiple rate hikes. Weekly Economic Update Presented by Craig Moore, January 17, 2022 THE WEEK ON WALL STREET Deteriorating investor enthusiasm for high-valuation growth companies and a mixed start to the...
by cambridgesourcesites | Jan 10, 2022 | Weekly Economic Update
In this week’s recap: Hawkish Fed sees bonds higher and stocks retreat. Weekly Economic Update Presented by Craig Moore, January 10, 2022 THE WEEK ON WALL STREET A jump in yields sparked by a more aggressive sounding Federal Reserve sent the market lower to start the...
by cambridgesourcesites | Jan 3, 2022 | Weekly Economic Update
In this week’s recap: Despite Omicron concerns, stocks end year mostly positive, with strong holiday sales figures. Weekly Economic Update Presented by Craig Moore, January 3, 2022 THE WEEK ON WALL STREET Stocks closed out the year on a mostly positive note, adding to...
