Stocks dipped lower last week as investors mulled the direction of the economy as the Federal Reserve continued to increase interest rates, bolstered by January’s strong labor report.
Market Week
Market Week : February 6, 2023
Just when investors saw a glimmer of hope that the Fed would soften its rate-hike policy, the January labor figures came out showing a massive job increase coupled with moderated wage growth.
Market Week : January 30, 2023
Wall Street ended last week higher on favorable inflation, economic, and corporate earnings data. Investors now must await the Federal Reserve’s meeting this week to see whether the Fed will soften its policy of aggressive interest-rate hikes.
Market Week : January 23, 2023
Crude oil prices climbed higher for the second straight week on optimism over China’s anticipated increase in demand. The dollar held relatively steady, while gold prices increased $7.00 per ounce.
Market Week: January 17, 2023
Stocks advanced for the second week in a row to kick off 2023. Investors were encouraged by inflation data that showed prices slid lower in December. The interest-rate-sensitive Nasdaq posted gains for six consecutive sessions, its longest streak since 2021…
Market Week: January 9, 2023
Last Friday’s rally helped drive stocks higher to end the first full week of January.
Market Week: January 3, 2023
A late-week surge in dip buying wasn’t enough to save stocks from closing the last week of 2022 in the red.
Market Week: December 27, 2022
Stocks ended a turbulent week generally lower as investors digested the latest inflation data and the Federal Reserve’s possible response.
Market Week: December 19, 2022
Wall Street saw stocks end last week lower as investors worried that the Federal Reserve’s push to slow rising inflation may lead the economy into a recession.
Market Week: December 12, 2022
Stocks couldn’t maintain momentum from the previous two weeks, ultimately closing last week in the red.
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