Weekly Economic Update

In this week’s recap: Stocks stall late in the week, thanks to tech markets slide. The jobs recovery makes continued progress. Weekly Economic Update September 7, 2020 THE WEEK ON WALL STREET A late week sell-off sent stocks broadly lower as investors took some profits after stocks reached all-time highs earlier in the week. The Read More …

Weekly Economic Update

In this week’s recap: Stocks power higher, while the Dow makes a few changes. Weekly Economic Update August 31, 2020 THE WEEK ON WALL STREET Stocks advanced relentlessly last week on positive COVID-19 developments, encouraging economic data, and a supportive policy shift in the Fed’s approach to its target inflation rate. The Dow Jones Industrial Read More …

Weekly Economic Update

In this week’s recap: Stocks reached new highs, erasing steep losses from February and March. Weekly Economic Update August 24, 2020 THE WEEK ON WALL STREET Stocks powered to another week of gains as the S&P 500 and Nasdaq Composite set multiple new record highs along the way. The Dow Jones Industrial Average was essentially Read More …

Weekly Economic Update

In this week’s recap: stocks rise, and consumer prices jump; COVID-19 cases slow; Congressional talks stall. Weekly Economic Update August 17, 2020 THE WEEK ON WALL STREET Stock prices drifted higher in an otherwise quiet news week, as a slowdown in new COVID-19 cases outweighed a Congressional impasse on a new fiscal spending measure. The Read More …

Weekly Economic Update

In this week’s recap: Stocks rise as earnings season winds to an end; no results in fiscal stimulus talks. Weekly Economic Update August 10, 2020 THE WEEK ON WALL STREET Overlooking stalled efforts by Congress to pass a new fiscal stimulus bill, stocks marched higher last week with the Dow Jones Industrials leading the way Read More …

Weekly Economic Update

In this week’s recap: stocks have a mixed reaction to earnings, economic data, and a potential stimulus. Weekly Economic Update August 3, 2020 THE WEEK ON WALL STREET Stocks were mixed last week amid a busy week of earnings, some troubling economic data, and seemingly little progress on a new fiscal stimulus package. The Dow Read More …

Weekly Economic Update

In this week’s recap: stocks slip after heavier jobless claims and U.S.-China strife. Weekly Economic Update July 27, 2020 THE WEEK ON WALL STREET Stocks slipped in the final days of trading last week on higher jobless claims and rising tensions in the U.S.-China relationship. The Dow Jones Industrial Average lost 0.76%, while the Standard Read More …

Weekly Economic Update

In this week’s recap: stocks see a mixed week, as COVID-19 cases rise, and news of vaccine emerges. Weekly Economic Update July 20, 2020 THE WEEK ON WALL STREET Stocks were mixed last week as investors reacted to positive economic data, progress on a COVID-19 vaccine, and the continued nationwide increase of COVID-19 cases. The Read More …

Weekly Economic Update

In this week’s recap: stocks gain after volatile week, despite COVID-19 acceleration. Weekly Economic Update July 13, 2020 THE WEEK ON WALL STREET Stock prices notched solid gains last week, looking past an increase in COVID-19 cases and any potential economic concerns raised by the trend. The Dow Jones Industrial Average increased by 0.96%, while Read More …

Weekly Economic Update

In this week’s recap: despite continued COVID-19 concerns, markets react positively to upbeat economic data. Weekly Economic Update July 6, 2020 THE WEEK ON WALL STREET In a holiday-shortened week, stock prices turned higher as encouraging economic data outweighed an increase in COVID-19 cases and a rollback in economic re-openings. The Dow Jones Industrial Average Read More …