Weekly Economic Update Presented by Wendy Nelson, March 20, 2023
THIS WEEK ON WALL STREET
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 strength of the technology sector.
The Dow Jones Industrial Average was flat (-0.15%), while the Standard & Poor’s 500 rose 1.43%. The Nasdaq Composite index picked up 4.41%. The MSCI EAFE index, which tracks developed overseas stock markets, was also flat (+0.05%). *1,2,3
- STOCKS GAIN DESPITE BANKING WOES
- REVERSE PSYCHOLOGY
- THE WEEK AHEAD: KEY ECONOMIC DATA
- THE WEEK AHEAD: COMPANIES REPORTING EARNINGS
TIP OF THE WEEK
If you know a couple about to marry, consider giving them a non-traditional gift: a visit with a financial consultant. It could turn out to be a key step in helping them build wealth.
MEET WENDY NELSON, CEO
President and Founder of Wind River Wealth Advisors
EXCELLENCE • INTEGRITY • INNOVATION • PERSONALIZATION