In this week’s recap: Tech stocks and strong indicators lead a week of economic advancement. Weekly Economic Update April 12, 2021 THE WEEK ON WALL STREET Strong economic data and a resurgent technology sector propelled stocks to solid gains last week. The Dow Jones Industrial Average advanced 1.95%, while the Standard & Poor’s 500 picked Read More …

In this week’s recap: Markets react positively to infrastructure proposals; S&P 500 rises above 4,000 for the first time. Weekly Economic Update April 5, 2021 THE WEEK ON WALL STREET Overcoming a rocky start, stocks rallied into the close of a holiday-shortened week of trading as technology shares staged a powerful recovery and investors reacted Read More …

In this week’s recap: Weakness in tech and high-growth stocks leads to a rocky week; Yellen and Powell signal optimism. Weekly Economic Update March 29, 2021 THE WEEK ON WALL STREET A rocky week with wide price swings led to mixed results for stocks last week, as investors grappled with anxieties over economic growth and Read More …

In this week’s recap: A week of ups and downs leaves modest losses at week’s end. Weekly Economic Update March 22, 2021 THE WEEK ON WALL STREET Rising bond yields and improving economic conditions led to a choppy week of trading that ended in modest losses for investors. The Dow Jones Industrial Average fell 0.46%, Read More …

In this week’s recap: The White House signs COVID-19 fiscal relief bill into law; the economy reacted positively. Weekly Economic Update March 15, 2021 THE WEEK ON WALL STREET Stocks touched new record highs last week as bond yields steadied, a fiscal relief bill was signed into law, and confidence in a strong economic recovery Read More …

In this week’s recap: Stocks have a mixed reaction to rising bond yields and increasing inflation. Weekly Economic Update March 8, 2021 THE WEEK ON WALL STREET Stocks were mixed last week as rising bond yields and heightening inflation fears sent stocks on a wild ride, capped by a remarkable Friday afternoon rally. The Dow Read More …

In this week’s recap: Rising bond yields deliver a blow to stocks; Fed Chair affirms commitment to current money policy. Weekly Economic Update March 1, 2021 THE WEEK ON WALL STREET Stocks dropped amid rising long-term bond yields, with sharp declines in high-valuation growth stocks leading the overall market lower. The Dow Jones Industrial Average Read More …

In this week’s recap: Accommodative Fed policies lead to inflation concerns. Weekly Economic Update February 22, 2021 THE WEEK ON WALL STREET Rising bond yields dampened investor enthusiasm for high-multiple growth companies last week, sending market averages mostly lower in a holiday-shortened week of trading. The Dow Jones Industrial Average gained 0.11% for the week. Read More …

In this week’s recap: Vaccinations and declining case numbers result in economic optimism; Fed Chair says no change for now. Weekly Economic Update February 15, 2021 THE WEEK ON WALL STREET Stock prices inched higher last week amid declining COVID-19 cases, a pick-up in vaccinations, and progress on a fiscal relief bill. The Dow Jones Read More …

In this week’s recap: The markets went back to basics this week, showing optimism for positive COVID-19 news. Weekly Economic Update February 8, 2021 THE WEEK ON WALL STREET Stocks notched strong gains last week, paced by a string of solid economic reports and consensus-beating corporate earnings. The Dow Jones Industrial Average gained 3.89%, while Read More …