Weekly Economic Update Presented by Wendy Nelson, February 20, 2023
THIS WEEK ON WALL STREET
Growing concerns about further interest rate hikes, prompted by fresh economic data, reversed early-week gains and left stocks mixed for the week.
The Dow Jones Industrial Average slipped 0.13%, while the Standard & Poor’s 500 fell 0.28%. The Nasdaq Composite index advanced 0.59% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, gained 0.52%. *1,2,3
- RATE CONCERNS WEIGH ON STOCKS
- INFLATION MODERATION PAUSES
- THE WEEK AHEAD: KEY ECONOMIC DATA
- THE WEEK AHEAD: COMPANIES REPORTING EARNINGS
TIP OF THE WEEK
The first step to saving money is to figure out where you are spending it. Break down essential and inessential costs in your life.
MEET WENDY NELSON, CEO
President and Founder of Wind River Wealth Advisors
EXCELLENCE • INTEGRITY • INNOVATION • PERSONALIZATION