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...
Aug 22, 2022 | Weekly Economic Updates
Weekly Economic Update Presented by Hershey Financial Group, LLC Stocks tumbled on Friday, sending stocks to a weekly loss after an otherwise quiet August week of trading. The Dow Jones Industrial Average slipped -0.16%, while the Standard & Poor’s 500 lost 1.21%....
Aug 15, 2022 | Weekly Economic Updates
Presented by Hershey Financial Group, LLC An improving inflation outlook buoyed investors’ spirits last week, helping lift stocks to solid gains. The Dow Jones Industrial Average advanced 2.92%, while the Standard & Poor’s 500 rose 3.26%. The Nasdaq Composite...
