Trading week of Mar 6 - Mar 10 - Brown Surfing

Trading week of Mar 6 – Mar 10

Posted on: March 6th, 2023
By: Efrain Lemus

Economic factors

  • Fed meeting: Mar 21-22
  • CPI: Mar 14
  • PPI: Mar 15
  • US Treasury: 3.907%
  • Yield curve: downward slope
  • Inflation report: 6.41%
  • Mortgage rates: 7.442%
  • Unemployment rate: 3.4%
  • Crude oil: $78.59
  • SPY: $405.23
  • VIX: 18.94

News

Amazon pauses construction of second headquarters in Virginia

Due to slow economic outlook

Mortgage rates jump back over 7% as inflation fears drive yields higher

Ford plans to restart production of the electric F-150 Lightning on March 13
Will it make the stock go up?

General Motors cuts 500 salaried employees
Definitely caused the stock to go up

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