Weekly Market Commentary

Market Commentary — November 28, 2022

Markets rallied in a shortened Thanksgiving trading week, with the S&P 500 Index finishing above the 4000 level for the first time in two months. Positive earnings reports in retail and tech and signs that the Fed is going to slow the pace of rate increases, helped market sentiment.

By |November 28th, 2022|Market Commentary|

Market Commentary — November 14, 2022

What a difference a good CPI print can make! Markets celebrated Thursday morning's release of the Consumer Price Index data for October. Headline CPI rose 0.4% in October, which was less than consensus expectations for a 0.6% increase, which plots CPI at 7.7% year-over-year.

By |November 14th, 2022|Market Commentary|

Market Commentary — October 24, 2022

Stocks regained some upward momentum last week, as investors reacted positively to earnings reports and hints that the Fed might moderate its pace of interest rate increases. The S&P 500 experienced its largest weekly gain in four months, while the DJIA posted its third consecutive week of gains.

By |October 24th, 2022|Market Commentary|
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