by Bob Polley | Feb 14, 2022 | weekly
A hot inflation print and the growing concern of a Russian invasion of Ukraine sent stocks tumbling late in the week, leaving major indices lower for the five-trading days. The Dow Jones Industrial Average skidded 1.00%, while the Standard & Poor’s 500 retreated...
by Bob Polley | Feb 10, 2022 | weekly
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 Bob Polley | Feb 10, 2022 | weekly
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 Bob Polley | Jan 24, 2022 | weekly
In this week’s recap: Stocks sink on rate hike talk. Weekly Economic Update Presented by Bob Polley, 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 Bob Polley | Jan 18, 2022 | weekly
In this week’s recap: Volatile week as Fed speaks of multiple rate hikes. Weekly Economic Update Presented by Bob Polley, January 17, 2022 THE WEEK ON WALL STREET Deteriorating investor enthusiasm for high-valuation growth companies and a mixed start to the...
by Bob Polley | Jan 10, 2022 | weekly
In this week’s recap: Hawkish Fed sees bonds higher and stocks retreat. Weekly Economic Update Presented by Bob Polley, 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...