In this week’s recap: Tech stocks and strong indicators lead a week of economic advancement. Weekly Economic Update 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 up 2.71%. The…

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   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 weakness in…

Read More

In this week’s recap: A week of ups and downs leaves modest losses at week’s end. Weekly Economic Update     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%, while…

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     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 grew.…

Read More

In this week’s recap: Stocks have a mixed reaction to rising bond yields and increasing inflation. Weekly Economic Update     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 Jones…

Read More