Economic Updates

January 9, 2023

New Year's Rally In Reply To Positive Economic News Presented by Crossroads Financial Advisors A strong Friday rally triggered by fresh signs of moderating inflation pushed stocks into positive territory to begin the new year.  The Dow Jones Industrial Average rose...

January 3, 2023

 Erratic Holiday Trading Leaves Stocks In Doldrums Presented by Crossroads Financial Advisors In a holiday-shortened week, erratic trading left stocks marginally down for the week. The Dow Jones Industrial Average lost 0.17%, while the Standard & Poor’s 500...

December 19, 2022

Recession Concerns, Fed Talk Keep Stocks Cold Presented by Crossroads Financial Advisors     Hawkish comments by the Fed and weak economic data heightened investors’ recession concerns and sent stocks lower last week. The Dow Jones Industrial Average lost 1.66%, while...

December 12, 2022

Weekly Market Insights: Stocks Slide On Recession Concerns Presented by Crossroads Financial Advisors Recession fears and concerns that the Fed may consider a longer rate-hike cycle sent stocks lower for the week. The Dow Jones Industrial Average dropped 2.77%, while...

December 5, 2022

Weekly Market Insights: Easing On Rate Hikes And Job Numbers Cheer Markets Presented by Crossroads Financial Advisors Stocks ended higher last week as investors navigated the crosscurrents of a potential easing in future rate hikes and continued strength in the labor...

November 28, 2022

Weekly Market Insights: Fed Talks Turkey On Lower Rates, Boosting Markets Presented by Crossroads Financial Advisors Growing optimism that the Fed may be ready to ease future interest rate hikes sent stocks higher in a quiet trading week. The Dow Jones Industrial...

November 21, 2022

Weekly Market Insights: Markets Down Ahead Of Thanksgiving Holiday Presented by Crossroads Financial Advisors The stock market edged lower last week as it digested a crosscurrent of conflicting economic data and contrasting comments from Fed officials. The Dow Jones...

November 14, 2022

Weekly Market Insights: Cooling Inflation Brings Market Gains Presented by Crossroads Financial Advisors A cooling inflation number ignited a powerful rally on Thursday, sending stocks to strong gains for the week. The Dow Jones Industrial Average gained 4.15%, while...

November 7, 2022

Weekly Market Insights: Stocks Slip After Powell Comments Presented by Crossroads Financial Advisors Hawkish comments by Fed Chair Jerome Powell, following the announcement of another 75 basis points interest rate hike last week, cast a pall over financial markets,...

October 31, 2022

Presented by Crossroads Financial Advisors Stocks overcame poor earnings results from some of America’s largest companies to post gains last week as investors cheered positive earnings surprises, easing inflation and a rebound in economic growth. The Dow Jones...

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