FINANCIAL STOCK MARKET  WEEK:  October 23, 2023

The escalation of the Israel-Hamas war also weighed on the Wall Street Stock Market, and global markets as Interest Rates remain high.

Each of the benchmark indexes listed here declined by at least 1.6%, with the Nasdaq skidding over 3.0%. The S&P 500 dropped about 2.4%, suffering through its worst week in a month. Bond prices fell, pushing yields on 10-year Treasuries close to 5.00%. Crude oil prices advanced for the second straight week. The dollar declined, while gold prices gained for the second consecutive week.

Stocks climbed higher to kick off last week, while bond prices declined. Crude oil prices fell following the previous week's rally. The Russell 2000 led the benchmark indexes listed here, gaining 1.6%, followed by the Nasdaq (1.2%), the S&P 500 (1.1%), the Dow (0.9%), and the Global Dow (0.8%).  Ten-year Treasury yields settled at 4.71%, up 8.3 basis points. Crude oil prices dipped 0.8% to $86.97 per barrel. The dollar and gold prices declined.

• STOCK MARKET INDEXES

• INTEREST RATES

• LAST WEEK'S ECONOMIC NEWS

• EYE ON THE WEEK AHEAD

Wendy Nelson, CEO of Wind River Wealth Advisors, aims to provide beneficial investment management, retirement planning, financial planning, asset management, and portfolio management to protect your money with knowledgeable strategies and plans by utilizing a personal independent financial advisor.