Stocks pulled back sharply last week as renewed inflation concerns sparked worries of extended rate hikes, erasing nearly all of 2023’s market gains. Tough talk from Fed Chair Jerome Powell during his testimony before Congress on Tuesday suggested that the course of interest-rate hikes could steepen...
Although the broad market continues to be driven by macro uncertainties, small-cap stocks have already been off to a good start thus far in 2023. The small-cap Russell 2000 Index has beaten the broader market this year, with a gain of 7.31%, outperforming the S&P 500’s...
Stocks finished higher last week, with the three major indexes posting weekly gains of around 2% to 3%, rebounding from declines of roughly 3% the previous week. After a solid start to the year, volatility seems to have returned to the market. Despite moving higher...
Seeking out great stocks to buy is important, but identifying quality investments is only half the battle. Many would say it’s even more essential for investors to know which stocks to steer clear of. A losing stock can eat away at your precious long-term returns....
Stocks declined last week as incoming data showed that inflation may have reversed course and adjusted market expectations around further Fed rate hikes this year. On Friday, the Commerce Department reported that its core (less food and energy) personal consumption expenditures (PCE) price index jumped 0.6%...