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The S&P 500 booked its third straight weekly loss, weighed down by higher-than-expected inflation and lowered earnings projections from leading retailers.
The S&P 500 booked its second straight weekly loss. Inflation exceeded economists’ forecasts, worrying investors about the fed funds rate exceeding 5%.
The S&P 500 fell 1.1% last week. Calls from Fed officials supporting higher interest rates and subpar earnings caused stocks to snap their two-week rally.
The S&P 500 added 1.6% last week, extending its year-to-date gain to 7.9%. Fed Chair Powell calmed investors, saying the disinflationary process has begun.
The S&P 500 rose 2.5% this week, reversing losses from the previous one. Economic data and corporate earnings showed resiliency amidst softening demand.
U.S. stocks posted their first weekly loss of 2023. Factory data, retail sales data, and earnings reports led to worries about slowing economic growth.
Last week, U.S. stocks posted their biggest weekly gain in two months after the consumer price index data and bank earnings reports eased investors’ fears.
This post features the best ETFs, Select Sector SPDRs, Fidelity funds, and S&P 500 stocks of 2022, along with what to look forward to in 2023.
U.S. stocks fell for a second straight week. The Fed raised interest rates and signaled that more increases would follow despite rising signs of a recession.
U.S. stocks retreated last week. Service industries grew while inflation proved sticky, fueling fears of the Fed pushing the terminal interest rate higher.
The AlphaProfit ETF style rotation model portfolio will be reconstituted with new recommendations on Tuesday, August 20. Learn more about AlphaProfit's Free and Premium Service investment newsletters.
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