Author Archives: RCM Investments
← Older posts Newer posts →Weekly Update – August 14, 2023
The Week on Wall Street Positive inflation data failed to lift stocks from their August doldrums last week as economic data and a ratings downgrade soured investor sentiment. The Dow Jones Industrial Average added 0.62%, while the Standard & Poor’s … Continue reading
Weekly Update – August 7, 2023
The Week on Wall Street Stocks retreated last week as bond yields increased following the Treasury’s announcement indicating “a larger-than-expected funding need” and a downgrade in the federal government’s debt rating. The Dow Jones Industrial Average dropped 1.11%, while the … Continue reading
Weekly Update – July 31, 2023
The Week on Wall Street A Friday surge pushed stocks solidly into positive territory last week, ignited by cooling in an inflation gauge closely tracked by the Federal Reserve. The Dow Jones Industrial Average advanced 0.66%, while the Standard & … Continue reading
Weekly Update – July 24, 2023
The Week on Wall Street Stocks moved to the rhythm of earnings season last week, initially rising on positive earnings surprises and faltering later in the week on key earnings disappointments. The Dow Jones Industrial Average rose 2.08%, while the … Continue reading
Weekly Update – July 17, 2023
The Week on Wall Street Better-than-expected updates last week on consumer and wholesale price inflation buoyed investor sentiment, driving stocks higher and lower bond yields. The Dow Jones Industrial Average rose 2.29%, while the Standard & Poor’s 500 increased 2.42%. … Continue reading
Weekly Update – July 10, 2023
The Week on Wall Street Rising concerns about further rate hikes sent stocks lower to kick off the second half of trading. The Dow Jones Industrial Average lost 1.96%, while the Standard & Poor’s 500 retreated 1.16%. The Nasdaq Composite … Continue reading
Weekly Update – July 3, 2023
The Week on Wall Street Stocks posted gains for the week to close out a stellar month, aided by positive economic data and reports that all major banks had passed the Federal Reserve’s annual stress test. The Dow Jones Industrial … Continue reading
Weekly Update – June 26, 2023
The Week on Wall Street Stocks took a breather last week as investors digested the previous week’s surge and the month-to-date solid gains. The Dow Jones Industrial Average lost 1.67%, while the Standard & Poor’s 500 fell 1.39%. The Nasdaq … Continue reading
Weekly Update – June 19, 2023
The Week on Wall Street Stocks climbed last week as reassuring inflation data boosted investor hopes that the rate-hike cycle was nearing an end amid fresh economic data pointing to continued economic resilience. The Dow Jones Industrial Average rose 1.25%, … Continue reading
Weekly Update – June 12, 2023
The Week on Wall Street A late-week rally sent stocks into positive territory, with the S&P 500 index closing just shy of the 4,300 mark. The Dow Jones Industrial Average gained 0.34%, while the Standard & Poor’s 500 added 0.39%. … Continue reading
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