May 8, 2023 | Weekly Economic Updates
Friday Rally Trims Losses; CPI Report Next Week Presented by Hershey Financial Group, LLC 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...
May 1, 2023 | Weekly Economic Updates
Stocks Rally As Attention Shifts To Fed’s May Meeting Presented by Hershey Financial GROUP, LLC 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...
Apr 24, 2023 | Weekly Economic Updates
Stocks Show Small Losses After Mixed Week Presented by Hershey Financial Group,LLC Stocks remained resilient last week amid mixed earnings reports, hawkish Fed-speak, and lingering recession fears, closing out the five trading days with small losses. The Dow Jones...
Apr 17, 2023 | Weekly Economic Updates
Lower Inflation Lifts Spirits In Uneven Week. Presented by Hershey Financial Group, LLC The combination of an improving inflation outlook resulted in a week of uneven, albeit positive, performance, in which cyclical and financial stocks rallied while technology, real...
Apr 3, 2023 | Weekly Economic Updates
Banking Crisis Fears Dim; Markets Rally Presented by Hershey Financial Group. LLC Stocks rallied last week on receding fears of a widening banking crisis, led by resurging investor interest in technology and communication services names. The Dow Jones Industrial...
Mar 27, 2023 | Weekly Economic Updates
Weekly Market Insights: Hiring Cools; Recession Fears Rise. Stocks ended a shortened week of trading mixed amid revived recession fears on Wall Street triggered by weak economic data. The Dow Jones Industrial Average gained 0.63%, while the Standard & Poor’s 500...