01 Mar 2023 - The major averages fell on Tuesday to round out a tough month for the stock market. Despite a solid start to the year, the major indexes are on pace for their second negative month in three.
28 Feb 2023 - Stocks rose Monday as traders tried to recover some ground following the worst week of the year on Wall Street. Investors also looked ahead to another big week in retail earnings.
27 Feb 2023 - US stocks fell sharply Friday, wrapping up their worst week of 2023, after the Federal Reserve’s preferred inflation gauge showed a stronger-than-expected increase in prices last month.
24 Feb 2023 - Stocks closed higher amid volatile trading Thursday as investors remained concerned about the path of the Federal Reserve’s rate hikes. The moves came a day after the Fed released the minutes of its most recent meeting, which concluded February 1st, showing that members of the central bank are resolved to keep fighting inflation with rate hikes.
23 Feb 2023 - Stocks were mostly weaker Wednesday as traders parsed through a summary of the Federal Reserve’s most recent meeting, looking for clues on the central bank’s next move against inflation.
22 Feb 2023 - US stocks dropped Tuesday as higher rates continue to pressure market sentiment, and the latest batch of retail earnings raised concern about the state of the consumer. It now appears that equity markets that finally caught up to what the Treasury markets have been saying for a couple of weeks.
21 Feb 2023 - Overnight, the US stock and bond markets were closed, on account of Presidents' Day. We thought we'd update you on where markets stand calendar year to date. YTD, the Nasdaq is the best performer out of the three major indexes, up 13.5%. This is then followed by the S&P 500, up 6.7%. The Dow is the worst perfomer, however is still up 2.1% year to date.
20 Feb 2023 - US stocks were mixed on Friday as stubbornly high inflation and a rebound in rates continued to weigh on investor sentiment. The recent strong economic/inflation data has pushed Treasury yields back up to a level that makes it very tough for the stock market to stay up at its current level – with a combination of higher yields and lower earnings estimates for 2023, it creates some more renewed headwinds for the stock markets
17 Feb 2023 - Stocks fell Thursday after another hot inflation report, and a decline in jobless claims, showed the economy is holding up amid the Federal Reserve’s rate hikes. The producer price index, an inflation indicator that tracks wholesale prices, rose 0.7% in January, topping a Dow Jones consensus forecast for a 0.4% increase.
16 Feb 2023 - Stocks ticked higher Wednesday as traders mulled stronger-than-expected retail sales along with the latest US inflation data. Later this week, traders will also be listening to speeches from Federal Reserve officials for any signs of what the central bank may do at its next meeting in March.
