Stocks Climb

In this week’s recap: Stocks reach all-time highs and the housing market showed significant improvement. Weekly Economic Update     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 & Poor’s…

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Unsettled Markets

In this week’s recap: The Fed signals interest rate hikes.   Weekly Economic Update     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…

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CPI Exceeded Most Expectations

In this week’s recap: Stocks kept cool, even as inflation came in hot.   Weekly Economic Update     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…

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Hope In Labor Market Recovery

    In this week’s recap: Positive labor numbers lead stocks to a modest gain.   Weekly Economic Update     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…

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Jobless Claims Reach Pandemic Lows

  In this week’s recap: Upbeat feelings boost the stock market, with America reopening ahead of Memorial Day. Weekly Economic Update     THE WEEK ON WALL STREET Optimism over the economic reopening and renewed enthusiasm for technology and other high-growth companies powered the stock market higher last week. The Dow Jones Industrial Average rose…

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