Economic Updates

May 22, 2023

Despite Stall, Debt Deal Optimism Cheers Markets Presented by Crossroads Financial Advisors Stocks rallied last week, propelled by growing optimism over reaching a deal on raising the debt ceiling and avoiding a technical debt default by the U.S. The Dow Jones...

May 15, 2023

 Attention Turns To The Debt Ceiling Presented by Crossroads Financial Advisors Stocks were mixed last week as good inflation news was offset by mounting debt ceiling concerns and rekindled regional banking fears. The Dow Jones Industrial Average lost 1.11%, while the...

May 8, 2023

Friday Rally Trims Losses; CPI Report Next Week Presented by Crossroads Financial Advisors 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...

May 1, 2023

Stocks Rally As Attention Shifts To Fed's May Meeting Presented by Crossroads Financial Advisors 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...

April 24, 2023

Stocks Show Small Losses After Mixed Week Presented by Crossroads Financial Advisors 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...

April 17, 2023

Lower Inflation Lifts Spirits In Uneven Week. Presented by Crossroads Financial Advisors 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, real...

April 10, 2023

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...

April 3, 2023

Banking Crisis Fears Dim; Markets Rally Presented by Crossroads Financial Advisors Stocks rallied last week on receding fears of a widening banking crisis, led by resurging investor interest in technology and communication services names. The Dow Jones Industrial...

March 27, 2023

Mixed Message Provokes Volatility Presented by Crossroads Financial Advisors 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...

March 20, 2023

Markets Cautious After Banking Woes; Awaiting Fed Reaction Presented by Crossroads Financial Advisors 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...

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