Company / Analytics

Analytics, 12 February 2023

Week 06 in Brief

North America

Stocks on Wall Street recorded their worst week of 2023 with a notable drop in shares of ride-hailing firm Lyft Inc, which tumbled 36% after a downbeat forecast. This put investors on their toes as they came to the grips with the idea that the Federal Reserve may have to keep rates higher for longer as it wages a war against inflation.

How did the Major Indices Perform? On Friday:

For the Week:

What Drove the U.S. Market?

How Did the European Markets Perform?

How did Asian Markets Perform

Bonds and Commodities


Next Week

The latest inflation reports will be in the spotlight next week, with the January Consumer Price Index (CPI) out on Tuesday, and the Producer Price Index (PPI) due on Thursday. Also on Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs will hold a hearing on cryptocurrencies and digital assets, amid calls to regulate the industry and safeguard crypto investors.

On Wednesday, last month’s retail sales figures could offer insights into consumer confidence and willingness to spend. More updates on the housing market will arrive with January building permits and housing starts due Thursday.

Earnings season continues with reports from The Coca-Cola Company, Airbnb, DoorDash, Marriott International, Cisco Systems, and Paramount Global, among others.

Choose one or several trading platforms and achieve your goals with Investors Europe

Investors Europe (Mauritius) Limited is authorised and regulated by the FSC Mauritius, license C112011088. Registered address: 4th Floor, Les Jamalacs Building, Vieux Conseil Street, Port-Louis 11328, Republic of Mauritius. Registered Number: 113933.

Any information contained on this website is provided to you for informational purposes only and should not be regarded as an offer or solicitation of an offer to buy or sell any investments or related services that may be referenced here. Investing in certain instruments, including stocks, options, futures, foreign currencies, and bonds involve a high level of risk. Trading on margin comes with substantial risk as well. You must be aware of these risks before opening an account to trade. The income you may get from online investing may go down as well as up.