by cambridgesourcesites | May 8, 2023 | Weekly Economic Update
Friday Rally Trims Losses; CPI Report Next Week Presented by Happy Valley Financial Services 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...
by cambridgesourcesites | May 1, 2023 | Weekly Economic Update
Stocks Rally As Attention Shifts To Fed’s May Meeting Presented by Craig Moore 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 Industrial...
by cambridgesourcesites | Apr 24, 2023 | Weekly Economic Update
Stocks Show Small Losses After Mixed Week Presented by Happy Valley Financial Services 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...
by cambridgesourcesites | Apr 17, 2023 | Weekly Economic Update
Lower Inflation Lifts Spirits In Uneven Week. Presented by Happy Valley Financial Services 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,...
by cambridgesourcesites | Apr 10, 2023 | Weekly Economic Update
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...