Mar 13, 2023 | Weekly Economic Updates
Weekly Market Insights: Bad News Gives Markets A One-Two Punch Presented by Hershey Financial Group, LLC Stocks tumbled last week as investors reconsidered their interest rate expectations after Fed Chair Powell’s Congressional testimony that rates may need to go...
Mar 6, 2023 | Weekly Economic Updates
Fed’s Reassurance Boosts Stocks Presented by Hershey Financial Group, LLC 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...
Feb 27, 2023 | Weekly Economic Updates
FOMC Says Inflation Is Still Too High Presented by Hershey Financial Group, LLC 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...
Feb 20, 2023 | Weekly Economic Updates
Mixed Results As Interest Rate Concerns Grow Presented by Hershey Financial Group, LLC 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...
Feb 13, 2023 | Weekly Economic Updates
Mixed Feelings And Mixed Earnings Presented by Hershey Financial Group, LLC 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...
Feb 6, 2023 | Weekly Economic Updates
Powell: Inflation Heading In The Right Direction Presented by Hershey Financial Group, LLC 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...
