Weekly Economic Update Presented by Wendy Nelson, January 23, 2023
THIS WEEK ON WALL STREET
Stocks showed mixed results last week as recession fears resurfaced in response to weak economic data and a tepid start to a new corporate earnings season.
The Dow Jones Industrial Average skidded 2.70%, while the Standard & Poor’s 500 declined 0.66%. But the Nasdaq Composite index gained 0.55% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, lost 0.50%. *1,2,3
- MIXED ECONOMIC DATA
- CONSUMERS RETRENCH
- THE WEEK AHEAD: KEY ECONOMIC DATA
- THE WEEK AHEAD: COMPANIES REPORTING EARNINGS
TIP OF THE WEEK
Sell old stuff to fund a new experience. Sell what you don’t need online or at a yard sale and use the proceeds to partly or fully fund a vacation, an education, or an adventure.
MEET WENDY NELSON, CEO
President and Founder of Wind River Wealth Advisors
EXCELLENCE • INTEGRITY • INNOVATION • PERSONALIZATION