The major U.S. stocks finished lower on Friday and were down for the week. The benchmark indexes have experienced their worst year in twenty years as investors are dealing with record inflation and the rising interest rates that are attempting to combat it. The Dow Jones Industrial Average dropped into a bear market on Monday and closed out the week down 21% for the year. The S&P 500 is down 25% in 2022 and the Nasdaq Composite is down 32% for the year. On Friday, the S&P 500

The Dow Jones Industrial Average dropped to its lowest level since November 2020. The growing concern over the possibility of recession, inflation, and the war in Ukraine are weighing heavily on investors minds and the global markets. The S&P 500 dropped by 1.72% to close at 3693.23. The Dow Jones Industrial Average fell 1.62% to 29590.41 and the Nasdaq Composite lost 1.80% to 10867.93. Economic Reports S&P U.S. manufacturing PMI (flash) reported a slight increase in Septembe

Anticipation is growing amongst investors as they wait for the Federal Reserve’s meeting to conclude and for the announcement of how much interest rates will be raised. U.S. stocks fell Tuesday as investors await this decision. The SP 500 went down by 1.13% to close at 3855.93. The Dow Jones Industrial Average slipped 1.01% to close at 30706.23. The Nasdaq Composite dropped 0.95% to close at 11425.05. Economic Reports Building permits (SAAR) declined in August to 1.52 million

U.S. stocks finished higher on Friday with both the Nasdaq Composite and the S&P 500 closing with gains for their fourth week in a row. Investors were encouraged this week after reports on Wednesday noted that inflation rates dropped from 9.1% June to 8.5% in July. The S&P 500 went up 1.73% to close at 4280.15 on Friday and was up over 3.0% for the week. The Dow Jones Industrial Average climbed 1.27% to close at 33761.05 and was up 2.9% for the week. The Nasdaq Composite tick

The U.S. stocks had modest moves on Wednesday after quarterly reports from the first quarter showed a rough start to the year. The combination of inflation, the war in Ukraine, as well as the uncertainty of the global economy have weighed heavily in the first half of 2022. The S&P 500 is on track to having its worst first half in fifty years with the benchmark being down about 20%. The S&P 500 went down by 0.1% to close at 3818.83. The Dow Jones Industrial Average gained 0.3%