Month: May 2022

The large-cap S&P 500 Index and the tech-heavy Nasdaq Composite Index gained ground, breaking a string of seven consecutive weekly declines. Every sector in the S&P 500 advanced, with consumer discretionary and energy stocks performing especially well.

• By ClearWater Private Wealth
• May 30, 2022

Wall Street continued its weekly losing streak as fears grew that inflation was causing consumers to pull back on discretionary spending, setting the stage for a coming recession.

• By ClearWater Private Wealth
• May 24, 2022

Stocks recorded another week of losses, as investors appeared to grow increasingly skeptical that the Federal Reserve will be able to achieve a “soft landing” for the economy by raising rates enough to tame inflation without causing a recession.

• By ClearWater Private Wealth
• May 16, 2022

Most of the major benchmarks endured a fifth consecutive week of losses as the interest rate and inflation worries continued to weigh on sentiment, especially toward growth stocks.

• By ClearWater Private Wealth
• May 9, 2022

The major indexes endured a fourth consecutive week of losses, as growth fears were compounded by some disappointing earnings results from Amazon.com, which has a heavy weighting in many prominent indexes.

• By ClearWater Private Wealth
• May 2, 2022