Weekly Update – May 30, 2023
The Week on Wall Street Markets moved in sync last week with perceived movement in debt ceiling talks, weakening early in the week and then surging on news of progress. A solid quarterly report and guidance from a mega-cap technology … Continue reading
Weekly Update – May 22, 2023
The Week on Wall Street Stocks rallied last week, propelled by growing optimism over reaching a deal on raising the debt ceiling and avoiding a technical debt default by the U.S. The Dow Jones Industrial Average edged 0.38% higher, while … Continue reading
Weekly Update – May 15, 2023
The Week on Wall Street Stocks were mixed last week as good inflation news was offset by mounting debt ceiling concerns and rekindled regional banking fears. The Dow Jones Industrial Average lost 1.11%, while the Standard & Poor’s 500 slipped … Continue reading
Weekly Update – May 8, 2023
The Week on Wall Street A Friday rebound, triggered by a big tech company’s earnings beat and a strong jobs report, shaved much of the week’s accumulated losses. The Dow Jones Industrial Average fell 1.24%, while the Standard & Poor’s … Continue reading
Weekly Update – May 1, 2023
The Week on Wall Street Strong earnings from several mega-cap technology companies offset renewed regional banking jitters and weak economic data, leaving stocks higher for the week. The Dow Jones Industrial Average gained 0.86%, while the Standard & Poor’s 500 … Continue reading