Monthly Archives: August 2022

Weekly Update – August 29, 2022

Posted on August 29, 2022 by RCM Investments

The Week on Wall Street A comprehensive sell-off on Friday following comments by Fed Chair Jerome Powell drove stocks to losses for the week. The Dow Jones Industrial Average tumbled 4.22%, while the Standard & Poor’s 500 dropped 4.04%. The … Continue reading →

Weekly Update – August 22, 2022

Posted on August 22, 2022 by RCM Investments

The Week on Wall Street Stocks tumbled on Friday, sending stocks to a weekly loss after an otherwise quiet August week of trading. The Dow Jones Industrial Average slipped -0.16%, while the Standard & Poor’s 500 lost 1.21%. The Nasdaq … Continue reading →

Weekly Update – August 1, 2022

Posted on August 1, 2022 by RCM Investments

The Week on Wall Street Undaunted by another Fed rate hike and news of a contracting economy, the stock market rallied last week on better-than-expected corporate earnings. The Dow Jones Industrial Average increased 2.97%, while the Standard & Poor’s 500 … Continue reading →