A Culture of Success
In this week’s recap: Federal Reserve says tapering likely in 2021, but no interest rate hikes for now. Weekly Economic Update August 30, 2021 THE WEEK ON WALL STREET The stock market powered to record levels last week amid talk of Fed tapering and a deceleration in new Delta variant cases. The Dow Jones Industrial Read More …
In this week’s recap: A Fed taper may loom; economic data mixed. Weekly Economic Update August 23, 2021 THE WEEK ON WALL STREET Stocks turned lower last week amid the increasing probability of a Fed tapering, mixed economic data, and growing concerns about the economic impact of the Delta variant. The Dow Jones Industrial Average Read More …
In this week’s recap: Passage of infrastructure bill in Senate boosts DJIA and S&P; Nasdaq stays flat. Weekly Economic Update August 16, 2021 THE WEEK ON WALL STREET Looking past inflation figures and Delta variant trends, stocks last week found a way to climb higher and set fresh record highs in the process. The Dow Read More …
In this week’s recap: Despite Delta variant fears, stocks rise on strong jobs, strong earnings reports. Weekly Economic Update August 9, 2021 THE WEEK ON WALL STREET Overcoming jitters about the Delta variant and the reintroduction of mask requirements, stocks climbed higher on strong employment data and a fresh batch of strong corporate earnings. The Read More …
In this week’s recap: Stocks open week on big highs, but end with small losses due to Delta concerns and a lower GDP. Weekly Economic Update August 2, 2021 THE WEEK ON WALL STREET The stock market posted small losses last week despite a very strong showing by corporate America. The Dow Jones Industrial Average Read More …
In this week’s recap: Markets overcome reaction to latest Delta variant news. Weekly Economic Update July 26, 2021 THE WEEK ON WALL STREET Overcoming a COVID-related economic growth scare, stocks moved higher amid a week of strong corporate earnings reports. The Dow Jones Industrial Average rose 1.08%, while the Standard & Poor’s 500 gained 1.96%. Read More …
In this week’s recap: Stocks retreat as inflation advances. Weekly Economic Update July 19, 2021 THE WEEK ON WALL STREET Despite a good start to earnings season and some solid economic data, worries of slower second-half economic growth led to a pullback in stock prices last week. The Dow Jones Industrial Average fell 0.52%, while Read More …
In this week’s recap: Stocks edge higher in short week. Weekly Economic Update July 12, 2021 THE WEEK ON WALL STREET Stocks managed small gains as investors wrestled with concerns over economic growth prospects and a rise in COVID-19 infections. The Dow Jones Industrial Average picked up 0.24%, while the Standard & Poor’s 500 gained Read More …
In this week’s recap: Employment reports and consumer confidence are up; stock market replies favorably. Weekly Economic Update July 5, 2021 THE WEEK ON WALL STREET Strong employment reports and rising consumer confidence sent the stock market broadly higher last week. The Dow Jones Industrial Average rose 1.02%, while the Standard & Poor’s 500 picked Read More …
In this week’s recap: Stocks reach all-time highs and the housing market showed significant improvement. Weekly Economic Update June 28, 2021 THE WEEK ON WALL STREET Stocks reached new all-time highs last week as markets staged a strong rebound from the previous week’s declines. The Dow Jones Industrial Average rose 3.44%, while the Standard & Read More …