Lots of economic data and the Fed both raising interest rates and the expectations for where the ceiling may be brought with it a lot of market volatility. This week we breakdown what happened and what it means, as well as a couple of items that aren't under the Fed's control and may provide some relief.
The Dow Jones Industrial Average (DJIA), commonly known as "The Dow" is an index representing 30 stock of companies maintained and reviewed by the editors of the Wall Street Journal. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. stock market. The NASDAQ composite is an unmanaged index of securities traded on the NASDAQ system.