Company / Analytics

Analytics, 19 February 2023

Week 07 in Brief

North America

U.S. stocks were mixed on Friday as stubbornly high inflation and a possible rebound in rates continued to weigh on investor sentiment. There was a continued worry about how the economy and equities will hold up as the Federal Reserve hikes rates to tame stubbornly high inflation.

One of the few best-performing stocks this week, Paramount Global has gained about 9% through Friday’s open. The stock got a boost this week, with its price going up nearly 40% for 2023.

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 week to come will be a short one, with U.S. markets closed on Monday. Earnings season continues with reports from major retailers including Walmart and Home Depot. Other prominent companies reporting next week include Nvidia, Alibaba, Coinbase, and Moderna, among others. We’ll receive updates on the housing market next week, including new and existing home sales for January.

On Wednesday, the Federal Reserve will release meeting minutes from the latest FOMC meeting.

On Friday, we’ll get a key update on inflation with the Personal Consumption Expenditures (PCE) Price Index, the Fed’s preferred gauge of inflation.

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