THIS WEEK ON WALL STREET


Stocks tumbled last week as investors reconsidered their interest rate expectations after Fed Chair Powell's Congressional testimony that rates may need to go higher. Stocks also were rattled when a west coast bank was placed into receivership on Friday following a run on deposits.

The Dow Jones Industrial Average dropped 4.44%, while the Standard & Poor's 500 lost 4.55%. The Nasdaq Composite index fell 4.71% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, slipped 0.37%.  *1,2,3

  • RATE FEARS, BANK SCARE
  • POWELL'S CONGRESSIONAL TESTIMONY
  • THE WEEK AHEAD: KEY ECONOMIC DATA
  • THE WEEK AHEAD: COMPANIES REPORTING EARNINGS

TIP OF THE WEEK

Entering the armed forces, going to a junior college and transferring to a university, attending a state college instead of a private one – these are all paths toward making higher education more affordable.

MEET WENDY NELSON, CEO

President and Founder of Wind River Wealth Advisors

 

EXCELLENCE • INTEGRITY • INNOVATION • PERSONALIZATION