February 1, 2023

January 2023 Market & Economic Recap

  Stocks Stocks rallied on the last day of January to finish off a banner month. Through January, the major stock indices performed as follows: Dow 2.8% SP 500 5.8% Nasdaq 10.7% For the tech-heavy Nasdaq Composite, that was its best January showing since it gained 12.2% in 2001. *** The S&P 500 Index, Down Jones and NASDAQ are market indexes generally considered representative of the stock market as a whole. The index focuses on the large-cap segment of the U.S. equities market. Indices are unmanaged, and one cannot invest directly in an index. Past performance does not necessarily predict […]
January 3, 2023

June 2023 Market & Economic Recap

The Stock Market Stocks finished a robust month by rallying on the last trading day, Friday, June 30th. That also capped a banner quarter and first half of 2023 for the markets. For the month of June, the stock market’s three major indices performed as follows: Dow +4.6% S&P 500 +6.5% Nasdaq +6.6% That was the best monthly performance since October 2022 for the S&P 500 and the fourth consecutive winning month for the Nasdaq. For the second quarter of 2023, the three major indices performed as follows: Dow +3.4% S&P 500 +8.3% Nasdaq +12.8% The Nasdaq has now posted […]
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