by Gaynes Financial | Jan 28, 2022 | Uncategorized
Stocks extended their January retreat as worries over inflation and rising bond yields continued to exert downward pressure on prices. The Dow Jones Industrial Average slid 4.58%, while the Standard & Poor’s 500 sank 5.68%. The Nasdaq Composite index dropped 7.55%...
by Gaynes Financial | Jan 14, 2022 | Uncategorized
A jump in yields sparked by a more aggressive sounding Federal Reserve sent the market lower to start the new year. The Dow Jones Industrial Average fell 0.29%, while the Standard & Poor’s 500 declined 1.87%. The Nasdaq Composite index was hardest hit, dropping...
by Gaynes Financial | Jan 6, 2022 | Uncategorized
Stocks closed out the year on a mostly positive note, adding to the year’s gains as concerns about the economic issues of Omicron infections receded. The Dow Jones Industrial Average rose 1.08%, while the Standard & Poor’s 500 picked up 0.85%. The Nasdaq Composite...