Economic Beat: Financial News
How will current market developments affect you? The thought leaders at Fifth Third Bank can help make sense of it all. Listen to the Economic Beat as they discuss what happened last week and what they expect will be the focus of this week. Click the button below to listen or read the transcript to this week's Economic Beat.
Past Economic Beats
November 20, 2023
Positive news on inflation front
Major US equity indices gave investors something to be thankful for this past week with strong returns and positive news on the inflation front. Specifically, the S&P 500 returned 2.3%. The Nasdaq Composite was up 2.4% and the Dow Jones Industrial Average rose 2.1% for the week.
November 13, 2023
A government shutdown could be in cards
U.S. equities posted their second straight week of gains and now sit near two-and-a-half month highs. The S&P 500 Index was up 1.4% for the week. The Nasdaq Composite closed the week up 2.4% and the Dow Jones Industrial Average was 0.7% for the week.
November 6, 2023
Interest rates fall and stocks surge
Last week provided a plethora of data that seem to suggest the Fed’s attempt to cool the economy and suppress inflation could be working. Friday’s Jobs Report showed that payrolls increased by 150K in October, missing expectations for a 179K gain.