Investing Club: The week in review, the week ahead — Aug. 19, 2022 – CNBC - STRATEGIES TO EARN MONEY

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Investing Club: The week in review, the week ahead — Aug. 19, 2022 – CNBC

People wearing face masks walk past the Bed Bath & Beyond store in New York City.

John Nacion | SOPA Images | LightRocket | Getty Images

The major stock benchmarks all pulled back this past week, with the Nasdaq falling 2.6%, the S&P 500 off 1.2%, and the Dow Jones Industrial Average down fractionally. The S&P 500’s weekly decline broke a four-week winning streak. Contributing to the pullback was a retail sales number that came in hotter than expected when excluding the impact of auto sales, and fears of more aggressive Federal Reverse tightening returned after the minutes from its latest meeting were out this week.

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