In this week’s recap: stock and commodity traders turn cautious as the coronavirus reaches America; home sales increase even with the current housing market’s slim inventory. Weekly Economic Update   THE WEEK ON WALL STREET Stock prices fell last week as investors considered the potential health and economic risks of the flu-like coronavirus. Foreign stock…

Read More

In this week’s recap: Stocks end up higher and oil ends up lower after an up-and-down week, as traders react to events in the Middle East and the data in the December unemployment report. Weekly Economic Update   THE WEEK ON WALL STREET The market had a choppy five days, with traders reacting to geopolitical…

Read More

In this week’s recap: Oil prices spike after a U.S. airstrike in Iran raises supply disruption concerns; a manufacturing activity index disappoints; stocks are little changed following an abbreviated trading week. Weekly Economic Update     THE WEEK ON WALL STREET Stocks descended from record highs Friday, as traders reacted to a U.S. drone strike…

Read More