Posts Tagged ‘Market update’
Market Update: Continued Ups and Downs
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 MoreWeekly Update: Oil Takes Center Stage
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 More2019 Year-End Market Recap
In this year-end recap: A look back at the ascent stocks made during 2019 and some of the key economic developments of the year. Weekly Economic Update What Drove the Markets? Four factors influenced investment performance in 2019: a shift in U.S. monetary policy, the ongoing trade dispute between the U.S. and China,…
Read MoreWeekly Update: Fed Holds Steady on Short-Term Interest Rates
In this week’s recap: the U.S. and China reach a phase-one trade deal, the Fed leaves the benchmark interest rate alone, and November retail sales come in below expectations. Weekly Economic Update THE WEEK ON WALL STREET The U.S. and China announced a limited trade agreement last week. That news lifted U.S. and foreign…
Read MoreHiring Surpasses Expectations
In this week’s recap: stocks ride out a choppy week, as traders react to a potential delay for a phase-one U.S.-China trade deal and a surprising jobs report. Weekly Economic Update THE WEEK ON WALL STREET Key Wall Street benchmarks were up and down last week – or rather down and then up.…
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