Weekly Economic Update Presented by Wendy Nelson, December 5, 2022
THIS WEEK ON WALL STREET
Stocks ended higher last week as investors navigated the crosscurrents of a potential easing in future rate hikes and continued strength in the labor market.
The Dow Jones Industrial Average edged 0.24% higher, while the Standard & Poor’s 500 gained 1.13%. The Nasdaq Composite Index improved by 2.09% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, rose 1.68%..*(1,2,3)
- A CHOPPY WEEK
- LABOR MAY BE KEY
- THE WEEK AHEAD: KEY ECONOMIC DATA
- THE WEEK AHEAD: COMPANIES REPORTING EARNINGS
Q U O T E O F T H E W E E K
“In times of rapid change, experience could be your worst enemy.””
J. Paul Getty
MEET WENDY NELSON, CEO
President and Founder of Wind River Wealth Advisors
EXCELLENCE • INTEGRITY • INNOVATION • PERSONALIZATION