by Bob Polley | Mar 6, 2023 | weekly
Fed’s Reassurance Boosts Stocks Presented by Polley Financial Group A late-week surge, triggered by reassuring Fed-speak, propelled stocks higher last week. The Dow Jones Industrial Average gained 1.75%, while the Standard & Poor’s 500 advanced 1.90%. The Nasdaq...
by Bob Polley | Feb 27, 2023 | weekly
FOMC Says Inflation Is Still Too High Presented by Polley Financial Group Concerns over a firmer monetary policy were heightened by fresh economic data, touching off a climb in bond yields and a slide in stock prices last week. The Dow Jones Industrial Average skidded...
by Bob Polley | Feb 20, 2023 | weekly
Mixed Results As Interest Rate Concerns Grow Presented by Polley Financial Group Growing concerns about further interest rate hikes, prompted by fresh economic data, reversed early-week gains and left stocks mixed for the week. The Dow Jones Industrial Average slipped...
by Bob Polley | Feb 13, 2023 | weekly
Mixed Feelings And Mixed Earnings Presented by Polley Financial Group Stocks drifted lower as a week of mixed earnings reports and resurgent worries over Fed monetary policy dragged on investor sentiment. The Dow Jones Industrial Average slipped 0.17%, while the...
by Bob Polley | Feb 6, 2023 | weekly
Powell: Inflation Heading In The Right Direction Presented by Polley Financial Group Stocks were mixed last week following better-than-expected corporate reports and increasing optimism over a slowdown in interest rates. The Dow Jones Industrial Average edged lower,...