May 12th, 2023 Markets Drift Lower While Debt Ceiling Theatrics Wait in Wings Below is a summary of the news and events driving the market and the economy over this past week. Regional Banks Continue to Unnerve Markets: Stocks struggled to move higher for the second consecutive week as investors weighed regional bank concerns against a…
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May 5th, 2023 The Dow Jones Industrial Average rallied 500+ points on Friday on better-than-expected results from tech juggernaut Apple and as regional bank shares climbed off their recent lows. Despite the move, the Dow still came up short for the week, down -1.24%. Friday’s rally failed to make up losses from earlier in the…
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April 28th, 2023 Below are this week’s highlights and key indicators: Stronger than expected corporate earnings from big tech giants Microsoft and Meta Platforms powered the major indices higher this week. The Dow Jones Industrial Average rose 2.48%, while the S&P 500 climbed 1.46%. Their results helped improve the still evolving, aggregate earning picture with the…
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