In this week’s recap: Accommodative Fed policies lead to inflation concerns. Weekly Economic Update     THE WEEK ON WALL STREET Rising bond yields dampened investor enthusiasm for high-multiple growth companies last week, sending market averages mostly lower in a holiday-shortened week of trading. The Dow Jones Industrial Average gained 0.11% for the week. But…

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In this week’s recap: Vaccinations and declining case numbers result in economic optimism; Fed Chair says no change for now. Weekly Economic Update   THE WEEK ON WALL STREET Stock prices inched higher last week amid declining COVID-19 cases, a pick-up in vaccinations, and progress on a fiscal relief bill. The Dow Jones Industrial Average…

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In this week’s recap: The markets went back to basics this week, showing optimism for positive COVID-19 news. Weekly Economic Update THE WEEK ON WALL STREET Stocks notched strong gains last week, paced by a string of solid economic reports and consensus-beating corporate earnings. The Dow Jones Industrial Average gained 3.89%, while the Standard &…

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