Oct 24, 2022 | Weekly Economic Updates
Presented by Hershey Financial Group, Inc. A positive start to a new earnings season and late-week hopes for a near-term easing in Fed rate hikes lifted investors’ spirits and powered stocks to gains for the week. The Dow Jones Industrial Average jumped 4.89%, while...
Oct 17, 2022 | Weekly Economic Updates
Presented by Hershey Financial Group, LLC Stocks were mixed last week amid wide intra- and inter-day price swings, as technology shares bore the brunt of the downdraft. The Dow Jones Industrial Average gained 1.15% for the week. Meanwhile, the Standard & Poor’s...
Oct 10, 2022 | Weekly Economic Updates
Presented by Hershey Financial Group, LLC A powerful two-day stock rebound cemented a positive week for investors as a new trading month began. The Dow Jones Industrial Average rose 1.99%, while the Standard & Poor’s 500 added 1.51%. The Nasdaq Composite index...
Oct 3, 2022 | Weekly Economic Updates
Presented by Hershey Financial Group, LLC Rising recession fears and uncertainty in the bond and currency markets sent stocks to new 2022 lows last week. The Dow Jones Industrial Average declined 2.92%, while the Standard & Poor’s 500 slumped 2.91%. The Nasdaq...
Sep 26, 2022 | Weekly Economic Updates
Presented by Hershey Financial Group, LLC Last week, Fed Chair Powell said the U.S. would not tame inflation without economic pain. This week heightened recession fears and sent stocks broadly lower. The Dow Jones Industrial Average dropped 4.00%, while the Standard...
Sep 19, 2022 | Weekly Economic Updates
Presented by Hershey Financial Group, LLC A hotter-than-expected inflation report sent stocks sharply lower last week as investors faced the prospect of more aggressive interest rate hikes by the Federal Reserve for perhaps a longer period. The Dow Jones Industrial...
