Weekly Economic Update

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 …

Weekly Economic Update

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 …

Weekly Economic Update

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 …

Weekly Economic Update

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 …

Weekly Economic Update

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 …

Weekly Economic Update

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 …

Weekly Economic Update

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 …

Weekly Economic Update

In this week’s recap: The Fed signals interest rate hikes. Weekly Economic Update June 21, 2021 THE WEEK ON WALL STREET New messaging from the Federal Reserve on interest rates and inflation last week led to a broad retreat in stock prices. The Dow Jones Industrial Average dropped 3.45% while the Standard & Poor’s 500 Read More …

Weekly Economic Update

In this week’s recap: Stocks kept cool, even as inflation came in hot. Weekly Economic Update June 14, 2021 THE WEEK ON WALL STREET Stocks ended the week mixed as investors appeared to shrug off a hotter-than-expected inflation report. The Dow Jones Industrial Average slipped 0.80%, while the Standard & Poor’s 500 advanced 0.41%. The Read More …

Weekly Economic Update

In this week’s recap: Positive labor numbers lead stocks to a modest gain. Weekly Economic Update June 7, 2021 THE WEEK ON WALL STREET A strong, but not too strong, employment report sparked a rally on the final day of trading, propelling stocks to a modest gain for the week. The Dow Jones Industrial Average Read More …