Summing Up The Week Stocks rallied for most of the week up until Thursday when worrying economic data came out both regarding inflation (in the form of the Consumer Price Index (CPI)) and the health of the labor market (in the form of bigger than expected initial...
Summing Up The Week Despite Tuesday’s consumer confidence survey falling the most in three years, stocks shrugged off the news and rallied. In fact, the S&P 500 made new intraday all-time highs nearly every single day regardless of whether stocks finished...
Summing Up The Week After last week’s selling rout into the weekend, investors didn’t quite know what to expect when this week kicked off. Fortunately, investors came in and bought the dip on Monday, and, while Wednesday looked particularly treacherous...
Summing Up The Week Stocks spent the first three days of the week waffling between slight gains and slight losses while market participants waited Nvidia’s (NVDA) earnings after the close on Wednesday. Nvidia did beat both the quarter and raised guidance…...
Summing Up The Week As many analysts expected, it was a quiet week in stocks for the first half, however, on Thursday, investors got jittery going into the Federal Reserve meeting in Jackson Hole and caused the stock market to sell off a bit with the S&P 500 down...
