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 …

Weekly Economic Update

In this week’s recap: a rise in COVID-19 cases inspires turbulence in markets, tapping the brakes on economic recovery. Weekly Economic Update June 29, 2020 THE WEEK ON WALL STREET A jump in COVID-19 cases dampened investor enthusiasm last week, sending stock prices lower on worries that rising infections could derail the economic recovery.  The Read More …

Weekly Economic Update

In this week’s recap: as fears of economic shutdown diminish, the U.S. economy gains momentum. Weekly Economic Update June 22, 2020 THE WEEK ON WALL STREET Stocks moved higher last week on news of more Federal Reserve market support and diminished concerns that new COVID-19 cases might lead to another economic shutdown. The Dow Jones Read More …

Weekly Economic Update

In this week’s recap: increase in COVID-19 cases, matched with downbeat Federal Reserve forecast, weighed on markets. Weekly Economic Update June 15, 2020 THE WEEK ON WALL STREET Investor sentiment turned negative last week, amid an increasing number of COVID-19 cases in states where re-opening has been underway as well as a subdued economic forecast Read More …

Weekly Economic Update

In this week’s recap: U.S. jobs report and a surging market build optimism for global economic recovery. Weekly Economic Update June 8, 2020 THE WEEK ON WALL STREET A positive jobs report sent stocks soaring last Friday, capping a solid week as evidence of a global economic recovery outweighed concerns over civil unrest and tensions Read More …

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 …