Friday Rally Trims Losses; CPI Report Next Week Presented by Pinecrest Financial A Friday rebound, triggered by a big tech company’s earnings beat and a strong jobs report, shaved much of the week’s accumulated losses. The Dow Jones Industrial Average fell 1.24%,...
Stocks Rally As Attention Shifts To Fed’s May Meeting Presented by Pinecrest Financial Strong earnings from several mega-cap technology companies offset renewed regional banking jitters and weak economic data, leaving stocks higher for the week. The Dow Jones...
Stocks Show Small Losses After Mixed Week Presented by Pinecrest Financial Stocks remained resilient last week amid mixed earnings reports, hawkish Fed-speak, and lingering recession fears, closing out the five trading days with small losses. The Dow Jones Industrial...
Lower Inflation Lifts Spirits In Uneven Week. Presented by Pinecrest Financial The combination of an improving inflation outlook resulted in a week of uneven, albeit positive, performance, in which cyclical and financial stocks rallied while technology, real estate,...
Weekly Market Insights: Hiring Cools; Recession Fears Rise. Stocks ended a shortened week of trading mixed amid revived recession fears on Wall Street triggered by weak economic data. The Dow Jones Industrial Average gained 0.63%, while the Standard & Poor’s 500...
Banking Crisis Fears Dim; Markets Rally Presented by Pinecrest Financial Stocks rallied last week on receding fears of a widening banking crisis, led by resurging investor interest in technology and communication services names. The Dow Jones Industrial Average gained...
