After another week of strong economic data, investors seemed to accept that the Fed may not be done lifting interest rates after all — and that Wall Street might have started celebrating the end of the rate-hike cycle too soon.
Stocks have been relatively soft so far in August, which is not out of the ordinary.
Stocks endured a losing week for the first time since early July.
Stocks enjoyed a favorable week of returns, with each of the benchmark indexes listed here posting solid gains.
Last week saw stocks close generally higher, with only the tech-heavy Nasdaq slipping lower.
Wall Street enjoyed a positive week of returns, with each of the benchmark indexes posting solid gains, despite a marginal downturn at the end of last week.
Stocks fell for the second straight week, with each of the benchmark indexes losing ground.
The Markets (as of market close June 23, 2023) Stocks moved higher last week as favorable inflation data added to investor hopes that the Federal Reserve would relax its monetary policy, despite Fed Chair Powell's statement that at least two more rate hikes are in the...
Wall Street ended last Tuesday lower as investors awaited House testimony from Federal Reserve Chair Jerome Powell, hoping to glean any clues as to the prospects of further interest rate hikes.
Stocks advanced for the third straight week, as each of the benchmark indexes listed here climbed higher.
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