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In this week’s recap: The Fed signals interest rate hikes. Weekly Economic Update June 21, 2021 THE WEEK ON WALL STREET New messaging from the Federal Reserve on interest rates and inflation last week led to a broad retreat in stock prices. The Dow Jones Industrial Average dropped 3.45% while the Standard & Poor’s 500 Read More …
In this week’s recap: Stocks kept cool, even as inflation came in hot. Weekly Economic Update June 14, 2021 THE WEEK ON WALL STREET Stocks ended the week mixed as investors appeared to shrug off a hotter-than-expected inflation report. The Dow Jones Industrial Average slipped 0.80%, while the Standard & Poor’s 500 advanced 0.41%. The Read More …
In this week’s recap: Positive labor numbers lead stocks to a modest gain. Weekly Economic Update June 7, 2021 THE WEEK ON WALL STREET A strong, but not too strong, employment report sparked a rally on the final day of trading, propelling stocks to a modest gain for the week. The Dow Jones Industrial Average Read More …
In this week’s recap: Upbeat feelings boost the stock market, with America reopening ahead of Memorial Day. Weekly Economic Update May 31, 2021 THE WEEK ON WALL STREET Optimism over the economic reopening and renewed enthusiasm for technology and other high-growth companies powered the stock market higher last week. The Dow Jones Industrial Average rose Read More …
In this week’s recap: Inflation concerns continue as the Fed weighs scaling back of bond purchases. Weekly Economic Update May 24, 2021 THE WEEK ON WALL STREET Stock prices fluctuated amid inflation concerns and bargain hunting, leaving stocks mixed for the week. The Dow Jones Industrial Average slipped 0.51%, while the Standard & Poor’s 500 Read More …
In this week’s recap: As consumer prices take a big step up, stocks take a step in the other direction. Weekly Economic Update May 17, 2021 THE WEEK ON WALL STREET A surge in consumer inflation unsettled investors, leading to a turbulent week of trading on Wall Street. The Dow Jones Industrial Average slipped 1.14%, Read More …
In this week’s recap: Mixed market results as labor numbers cope with uncertainty. Weekly Economic Update May 10, 2021 THE WEEK ON WALL STREET Stocks closed mixed last week as signs of continued economic recovery and upbeat earnings helped some sectors while the struggles persisted for high-growth companies. The Dow Jones Industrial Average gained 2.67%, Read More …
In this week’s recap: Stocks struggle to find their way amid several noteworthy earnings reports from corporations. Weekly Economic Update May 3, 2021 THE WEEK ON WALL STREET Stocks meandered around a flatline in a busy week of corporate earnings, ending the trading week slightly lower. The Dow Jones Industrial Average slid 0.50%, while the Read More …
In this week’s recap: Mixed signals lead to a choppy week. Weekly Economic Update April 26. 2021 THE WEEK ON WALL STREET The crosscurrents of strong corporate earnings, rising global cases of COVID-19, and the specter of higher capital gains taxes led to a choppy week of trading that left stock prices slightly lower for Read More …
In this week’s recap: Good indicators for earnings season and other economic data lead to record highs for stocks. Weekly Economic Update April 19, 2021 THE WEEK ON WALL STREET Stocks reached record highs last week, riding the tailwind of improving economic data and a strong start to the earnings season. The Dow Jones Industrial Read More …