Compass Asset Management Group

AI Report, Inflation Provoke Rocky Week – Weekly Update

AI Report, Inflation Provoke Rocky Week - Weekly Update - Compass Asset Management Group Stocks fell last week amid concerns about artificial intelligence (AI) and a warmer-than-expected reading of wholesale inflation. The Standard & Poor’s 500 Index fell 0.44 percent, while the Nasdaq Composite Index declined 0.95 percent. The Dow Jones Industrial Average dropped 1.27 percent. The MS...

- Compass Asset Management Group Stocks fell last week as investors reacted to mixed economic data and concerns over signs of broadening AI disruption of business models. The Standard & Poor’s 500 Index fell 1.39 percent, while the Nasdaq Composite Index declined 2.10 percent. The Dow Jones Industrial Average slid 1.23 percent. T...

Kevin Warsh Nominated to Fed Chair – Weekly Update

Kevin Warsh Nominated to Fed Chair - Weekly Update - Compass Asset Management Group Stocks were mixed last week as investors navigated Q4 corporate results, a widely expected Fed decision, and a handful of economic reports. The Standard & Poor’s 500 Index rose 0.34 percent, while the Nasdaq Composite Index edged down 0.17 percent. The Dow Jones Industrial Average declined 0.42 pe...