by InteractiveAdvisors
by InteractiveAdvisors

AUTHOR

Mick Weinstein
Mick Weinstein
Mick is the Head of Editorial for Covestor, a financial journalist and online content specialist. Prior to joining Covestor, Mick was for five years the Editor in Chief and VP Content at stock market analysis website Seeking Alpha, where he built the editorial function as the site attracted over 3.5 million unique monthly visitors and developed an innovative platform for intelligent stock market discussion. Mick is a graduate of the University of Michigan, Ann Arbor.

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Published

Stocks retreat; Powell talk goes hawk

Stocks retreated on Monday after a strong rally the previous day, driven by a credit downgrade of a few banks and weak retail earnings. Despite this, stocks resumed their upward trend on Wednesday following the release of positive economic data.