Economic Updates
November 18th, 2024
Weekly Market Insights | November 18th, 2024Rally Loses Steam; Fed Weighs Move Stocks fell last week as the postelection rally lost momentum amid an inflation uptick and cautious comments from Fed officials. The Standard & Poor’s 500 Index fell 2.08 percent, while...
November 11th, 2024
Weekly Market Insights | November 11th, 2024Stocks Surge Post-Election; Fed Cuts Quarter Point Stocks surged higher last week, fueled by the Fed’s rate cut decision and post-election enthusiasm as investors looked to future policy impacts of a Republican-controlled...
November 4th, 2024
Weekly Market Insights | November 4th, 2024Stocks Retreat on Jobs and Election Concerns Stocks slid last week as mixed economic data and strong-but-not-spectacular Q3 corporate reports failed to inspire investors. The Standard & Poor’s 500 Index fell 1.36 percent,...
October 28th, 2024
Weekly Market Insights | October 28th, 2024Stocks Mixed Ahead of Election Stocks were mixed last week as fresh economic data points and election-related uncertainty slowed market momentum. The Standard & Poor’s 500 Index fell 0.96 percent, while the Nasdaq...
October 21st, 2024
Weekly Market Insights | October 21st, 2024Sixth Week of Gains on Wall Street Stocks posted modest gains last week, with quarterly earnings season in full swing and the election on the horizon. The Standard & Poor’s 500 Index increased 0.85 percent, while the...
October 14th, 2024
Weekly Market Insights | October 7th, 2924Mixed Data Leaves Investors Anxious Stocks advanced last week despite mixed inflation data, lurching oil prices, and lingering anxiety about the Middle East. The Standard & Poor’s 500 Index gained 1.11 percent, while the...
October 7th, 2024
Weekly Market Insights | October 7th, 2924Market Rallies But Ends Week Flat Stocks were essentially unchanged last week as geopolitical tensions added some volatility to an otherwise quiet trading week. The Dow Jones Industrial Average was flat (+0.09 percent), while...
September 30th, 2024
Weekly Market Insights | September 30th, 2024Rate Cut Momentum; D.C. Averts Shutdown Stocks moved higher last week, continuing to build on the momentum generated after the Federal Reserve decided to cut short-term rates by 0.50 percent. The Standard & Poor’s 500...
September 26th, 2024
Weekly Market Insights | September 23rd, 2024Fed Cuts Interest Rate by Half-Point Stocks moved higher last week after the Federal Reserve’s half-point rate cut, bolstered by multiple data points supporting a cooling but still strong economy and decelerating inflation....
September 16th, 2024
Weekly Market Insights | September 16th, 2024Stocks Rally Ahead of Fed Meeting Stocks rallied last week as investors received better-than-expected consumer and producer inflation data. The Dow Jones Industrial Average rose 2.60 percent, while the Standard &...
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