Market Week

Last week saw stocks rally after the Federal Reserve policy statement released last Wednesday suggested no more interest rate hikes, while predicting rate cuts in 2024.

The first week of December saw stocks close higher.

The markets continued to flourish last week. Investors were not deterred by a warning from Federal Reserve Chair Jerome Powell that interest rate hikes may not be over, and it is premature to speculate when rate decreases will begin.

Market activity was subdued during Thanksgiving week, which saw stocks close higher.

The market enjoyed a favorable week as each of the benchmark indexes listed here gained ground. Inflation data showed consumer prices moderated in October, while the Federal government avoided a shutdown.

Stocks closed generally higher last week on continued hopes that the Federal Reserve is done raising interest rates despite more hawkish comments from Fed Chair Jerome Powell.

Wall Street ended a two-week bear run as stocks enjoyed their best week of the year.

Last week saw Wall Street endure another lackluster performance. Investors continued to fret over hawkish comments from Federal Reserve officials as inflation remained above the Fed’s target rate of 2.0%.

Last week proved to be a rough one for the market as investors fled from equities following Federal Reserve Chair Jerome Powell’s indication that interest rates would remain higher for longer.

Wall Street closed last week with mixed results.