Weekly Market Update: October 17 , 2022
U.S. stock prices continued their volatile trading as the S&P 500 reached its lowest level since November 2020 before rallying to end the week down -1.53%.
Enjoy this collection of news and insights from our team at American Trust.
U.S. stock prices continued their volatile trading as the S&P 500 reached its lowest level since November 2020 before rallying to end the week down -1.53%.
U.S. stock prices started off the new month and quarter on a positive, but volatile, foot.
U.S. stock prices continued their slide lower as investors grappled with turmoil in UK financial markets and inflation data that paved the way for the Fed to continue their hawkish monetary policy.
U.S. stock prices fell sharply as the Fed increased interest rates and reset expectations of their resolve to continue in the face of persistent inflation.
U.S. stock prices fell as the S&P 500 recorded its largest weekly decline of the quarter.
U.S. stock prices moved higher, snapping a string of three weekly losses, as moderating inflation fears appeared to have supported sentiment.
U.S. stock prices declined for the third consecutive week as investors price in the impact of higher interest rates that may linger, especially if the economy remains stable.
U.S. stock prices ended the week with a sharp decline. Most of the losses were at end of the week after Fed chair Powell’s statement that regardless of unemployment levels, raising interest rates and holding them at an elevated level until inflation is tamed remains the priority.
U.S. stock prices ended the week lower, snapping a string of four consecutive weekly gains for the S&P 500 and NASDAQ as investors digested a host of earnings and economic data.
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