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...
Sep 12, 2022 | Weekly Economic Updates
Presented by Hershey Financial Group, LLC In a holiday-shortened week of trading, stocks posted healthy gains despite more tough talk on monetary policy from Fed officials. The Dow Jones Industrial Average rose 2.66%, while the Standard & Poor’s 500 gained 3.65%....
Sep 6, 2022 | Weekly Economic Updates
Presented by Hershey Financial Group, LLC The overhang of Fed Chair Powell’s Jackson Hole speech the previous week carried over into last week as investors recalibrated stock valuations amid a seemingly more assertive monetary policy stance. The Dow Jones Industrial...
Aug 29, 2022 | Weekly Economic Updates
Presented by Hershey Financial Group, LLC A comprehensive sell-off on Friday following comments by Fed Chair Jerome Powell drove stocks to losses for the week. The Dow Jones Industrial Average tumbled 4.22%, while the Standard & Poor’s 500 dropped 4.04%. The...
