Weekly Economic Update

In this week’s recap: solid gains following a short trading week; economic reopening inspires optimism. Weekly Economic Update June 1, 2020 THE WEEK ON WALL STREET The shortened week, which began with a powerful two-day rally of trading, was enough to drive the markets into another week of solid gains. The Dow Jones Industrial Average Read More …

Weekly Economic Update

In this week’s recap: Markets rally in reply to positive comments from Fed Chair Powell and further optimism for economic recovery. Weekly Economic Update May 25, 2020 THE WEEK ON WALL STREET Upbeat comments by the Federal Reserve Chairman and more signs of an economic turnaround combined to help fuel a powerful rally in the Read More …

Weekly Economic Update

In this week’s recap: Powell paints a somber picture for recovery, and the markets slip in reaction. Weekly Economic Update May 18, 2020 THE WEEK ON WALL STREET Stocks drifted lower last week, weighed down by Federal Reserve Chairman Jerome Powell’s unsettling comments on the economy and signs of renewed tensions with China. The Dow Jones Read More …

Weekly Economic Update

In this week’s recap: Unemployment reaches an historic low, while stocks climbed in response to economic re-openings. Weekly Economic Update May 11, 2020 THE WEEK ON WALL STREET Despite an historic downturn in employment, stocks managed to climb higher last week as investors were emboldened by the pace of economic re-openings here and abroad. The Read More …

Weekly Economic Update

In this week’s recap: Promising drug trials and plans to ease public lockdowns turn thoughts to economic normalization. Weekly Economic Update May 4, 2020 THE WEEK ON WALL STREET Stock prices ended the week slightly lower, despite news of positive results from a test trial of a COVID-19 drug treatment and several states easing their Read More …

Weekly Economic Update

In this week’s recap: Markets react to the plunging oil prices, corporate earnings, and the first attempts to restart the U.S. economy. Weekly Economic Update April 27, 2020 THE WEEK ON WALL STREET Stock prices bounced around last week as investors reacted to wild swings in the price of oil and reports that called into Read More …

Weekly Economic Update

In this week’s recap: The White House makes plans to reopen the economy, as analysts examine the first-hard economic data reckoning the U.S. reaction to COVID-19. Weekly Economic Update April 20, 2020 THE WEEK ON WALL STREET Stock prices pushed higher last week as news of a White House plan to reopen the economy and Read More …

Weekly Economic Update

In this week’s recap: A broad stock market rally, promising signs with COVID-19, and another Federal Reserve program ahead. Weekly Economic Update April 13, 2020 THE WEEK ON WALL STREET The stock market staged a broad rally this week, buoyed by the prospect that the COVID-19’s grip on the nation may be easing and news Read More …

Weekly Economic Update

In this week’s recap: Continued COVID-19-related volatility in the markets as oil and energy prices sink in reaction. Weekly Economic Update April 6, 2020 THE WEEK ON WALL STREET Modest declines in stock prices this week masked the volatile inter- and intraday price swings as investors digested poor economic data and a warning from the Read More …

Weekly Economic Update

In this week’s recap: Markets swing upward as the Federal Reserve and Congress move stimulus forward. Weekly Economic Update March 30, 2020 THE WEEK ON WALL STREET An open-ended commitment by the Federal Reserve to support American businesses and capital markets along with the passage of a $2 trillion aid package improved investor sentiment and Read More …