Weekly Economic Update Presented by Wendy Nelson, February 13, 2023
THIS WEEK ON WALL STREET
Stocks drifted lower as a week of mixed earnings reports and resurgent worries over Fed monetary policy dragged on investor sentiment.
The Dow Jones Industrial Average slipped 0.17%, while the Standard & Poor’s 500 declined 1.11%. The Nasdaq Composite index lost 2.41%. The MSCI EAFE index, which tracks developed overseas stock markets, dipped 0.30%. *1,2,3
- RALLY STALLS
- POWELL REPEATS HIMSELF
- THE WEEK AHEAD: KEY ECONOMIC DATA
- THE WEEK AHEAD: COMPANIES REPORTING EARNINGS
TIP OF THE WEEK
If a significant financial or life event is coming up on your calendar, talk to a financial professional about it now. See what ideas they may have about how to manage the event.
Most importantly, get informed before an event happens so you can make an educated decision, not an emotionally charged one.
MEET WENDY NELSON, CEO
President and Founder of Wind River Wealth Advisors
EXCELLENCE • INTEGRITY • INNOVATION • PERSONALIZATION