Stocks

Wall Street Review: Stocks Reach Highs Despite Inflation, Rate Concerns

Investor sentiment over a parade of IPOs outweighed a few earnings disappointments, keeping bulls in control most of the week.
Wall Street Review: Stocks Reach Highs Despite Inflation, Rate Concerns
A trader works on the floor of the New York Stock Exchange (NYSE) in New York on Aug. 15, 2025. Timothy A. Clary/AFP via Getty Images
Panos Mourdoukoutas
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U.S. stocks continued their winning streak for another week, with the S&P 500 Index, the Dow Jones Industrial Average, and the Nasdaq Composite Index hitting new highs, shrugging off mixed headlines on inflation and interest rates.

Meanwhile, investor sentiment over a parade of initial public offerings (IPOs) overshadowed a couple of earnings disappointments, helping the bulls gain the upper hand throughout most of the week.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”