Mixed Message Provokes Volatility Presented by Pinecrest Financial Modest gains in major market indices masked sharp volatility amid the uncertainty arising from mixed messages emanating from public officials and revived banking fears. The Dow Jones Industrial Average...
Markets Cautious After Banking Woes; Awaiting Fed Reaction Presented by Pinecrest Financial Amid the reverberations of two U.S. banks being taken over by regulators and the spread of uncertainty to European banks, stocks trended higher last week on the strength of the...
Weekly Market Insights: Bad News Gives Markets A One-Two Punch Presented by Pinecrest Financial Stocks tumbled last week as investors reconsidered their interest rate expectations after Fed Chair Powell’s Congressional testimony that rates may need to go higher....
Fed’s Reassurance Boosts Stocks Presented by Pinecrest Financial A late-week surge, triggered by reassuring Fed-speak, propelled stocks higher last week. The Dow Jones Industrial Average gained 1.75%, while the Standard & Poor’s 500 advanced 1.90%. The Nasdaq...
FOMC Says Inflation Is Still Too High Presented by Pinecrest Financial Concerns over a firmer monetary policy were heightened by fresh economic data, touching off a climb in bond yields and a slide in stock prices last week. The Dow Jones Industrial Average skidded...
Mixed Results As Interest Rate Concerns Grow Presented by Pinecrest Financial Growing concerns about further interest rate hikes, prompted by fresh economic data, reversed early-week gains and left stocks mixed for the week. The Dow Jones Industrial Average slipped...
