Posts Tagged ‘Market update’
Atlanta, Earnings Season Starts Strong
In this week’s recap: stocks move sideways as earnings season gathers momentum, and retail sales jump. Weekly Economic Update THE WEEK ON WALL STREET A short and relatively placid trading week wrapped up Thursday, with the major indices turning in mixed performances. The S&P 500 retreated 0.08%, the Nasdaq Composite advanced 0.17%, and…
Read MoreStrong Jobs Report Spurs Positive Economic Week
In this week’s recap: stocks rise with help from a reassuring March employment report as well as news of further progress in U.S.-China trade talks. Weekly Economic Update THE WEEK ON WALL STREET Stocks posted their second straight weekly gain. The Dow Jones Industrial Average gained 1.17% in five trading days; the S&P 500,…
Read MoreNo Fooling Atlanta: Favorable News for The End of the Quarter and Mortgage Rates
In this week’s recap: stocks close out a great quarter, mortgage rates decline, and Wall Street awaits a wave of IPO action. Weekly Economic Update THE WEEK ON WALL STREET Stocks ended last week higher as volatility slowed, completing their best quarter since 2009. A Friday tweet from Secretary of the Treasury Steven…
Read MoreFED Holds Interest Rates Steady
Weekly Economic Update In this week’s recap: the “yield curve” inverts for the first time this decade, the Federal Reserve adjusts its stance on interest rates, and the price of oil climbs. THE WEEK ON WALL STREET Friday, the yield of the 3-month Treasury bill exceeded the yield of the 10-year Treasury note for…
Read MoreWeekly Update- Stocks Post Solid Gains
In this week’s recap: the Dow, S&P, and Nasdaq all advance more than 2% in five trading sessions, while investors review tame inflation data and wait for further news in U.S.-China trade negotiations. Weekly Economic Update THE WEEK ON WALL STREET The big story last week was the sudden grounding of Boeing 737 Max…
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