Economy

Presented by Nicholas Wealth Management June 28th, 2022   How might it affect you? “It turns out my job was not to find great investments but to help create great investors,” writes Carl Richards, author of “The Behavior Gap.” From increasing our budget mindfulness to taking a steadier approach to investing, Richards has drawn attention…

Presented by Nicholas Wealth Management June 28th, 2022   Weekly Market Update In this week’s recap: Stocks rally, despite recession concerns. Prospects of cooling inflation powered a rally in stock prices last week despite growing recession concerns. The Dow Jones Industrial Average gained 5.39%, while the Standard & Poor’s 500 climbed 6.45%. The Nasdaq Composite…

Presented by Nicholas Wealth Management June 21st, 2022   Weekly Market Update In this week’s recap: Fed rate hike triggers market dip. Stocks moved lower last week as recession fears deepened following a Fed hike in interest rates and weak economic data. The Dow Jones Industrial Average fell 4.79%, while the Standard & Poor’s 500…

Presented by Nicholas Wealth Management June 14th, 2022   Weekly Market Update In this week’s recap: Stocks dip on inflation report. A higher-than-expected inflation report triggered a sell-off on Friday, leaving stocks in the red for the week. The Dow Jones Industrial Average lost 4.58%, while the Standard & Poor’s 500 dropped 5.05%. The Nasdaq…

Presented by Nicholas Wealth Management June 7th, 2022   Weekly Market Update In this week’s recap: Stocks slip on mixed economic news. In a holiday-shortened week of volatile trading, stocks surrendered some of the previous week’s strong gains. The Dow Jones Industrial Average fell 0.94%, while the Standard & Poor’s 500 declined 1.20%. The Nasdaq…

Presented by Nicholas Wealth Management May 31st, 2022   Weekly Market Update In this week’s recap: Confidence in Fed helps spark a market rally. Stocks posted solid gains for the week, buoyed by the release of Fed meeting minutes and upbeat earnings from mid-size and discount retailers. The Dow Jones Industrial Average jumped 6.24%, while…

Presented by Nicholas Wealth Management May 24th, 2022   Weekly Market Update In this week’s recap: Recession concerns rising. Recession fears grew last week following weak earnings reports from major retailers, sending stocks lower. The Dow Jones Industrial Average fell 2.90%, while the Standard & Poor’s 500 lost 3.05%. The Nasdaq Composite index dropped 3.82%…

Presented by Nicholas Wealth Management May 17th, 2022   Weekly Market Update In this week’s recap: Inflation takes center stage. In a volatile trading week, stocks extended their losses as economic growth and inflation concerns soured investor sentiment. The Dow Jones Industrial Average dropped 2.14%, while the Standard & Poor’s 500 lost 2.41%. The Nasdaq…

Presented by Nicholas Wealth Management May 10th, 2022   Weekly Market Update In this week’s recap: tighter money policy; market drops. With the Fed in focus, the markets experienced wide price swings over the course of last week, as technology companies led the market lower. The Dow Jones Industrial Average slipped 0.24%, while the Standard…