Trading week of Feb 27 – Mar 03

Posted on: February 28th, 2023
By: Tadeo Martinez

Economic Factors

Fed meeting: March 21-22

CPI: Mar 14

PPI: Mar 15

US Treasury: 3.938%

Yield Curve: downward slope

Inflation rate: 6.41%

Mortgage rates: 7.38%

Unemployment rate: 3.8%

Crude oil: $77.18

SPY: $397.73

VIX: 20.23

News

Wells Fargo lays off mortgage bankers days after rewarding some with California retreat

Dow closes nearly 700 points lower in broad selloff, as all indexes cap their worst day of 2023: Live updates

Tesla recalls 362,758 vehicles, says Full Self-Driving Beta software may cause crashes
Will this cause the stock to go down?

Retail sales jump 3% in January, smashing expectations despite inflation increase

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