THIS WEEK ON WALL STREET


Hawkish comments by the Fed and weak economic data heightened investors’ recession concerns and sent stocks lower last week.

The Dow Jones Industrial Average lost 1.66%, while the Standard & Poor’s 500 retreated 2.08%. The Nasdaq Composite Index declined 2.72% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, slipped 0.88%. .*(1,2,3)

  • STOCKS UNDER PRESSURE
  • INFLATION AND THE FED
  • THE WEEK AHEAD: KEY ECONOMIC DATA
  • THE WEEK AHEAD: COMPANIES REPORTING EARNINGS

TIP OF THE WEEK

Avoid visiting ATMs alone at night; never count your money at one. If an outside ATM seems lonely, try a well-lit ATM in a 24-hour grocery or drug store instead.

MEET WENDY NELSON, CEO

President and Founder of Wind River Wealth Advisors

 

EXCELLENCE • INTEGRITY • INNOVATION • PERSONALIZATION