In this week’s recap: stocks have a mixed reaction to earnings, economic data, and a potential stimulus. Weekly Economic Update   THE WEEK ON WALL STREET Stocks were mixed last week amid a busy week of earnings, some troubling economic data, and seemingly little progress on a new fiscal stimulus package. The Dow Jones Industrial…

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In this week’s recap: stocks slip after heavier jobless claims and U.S.-China strife. Weekly Economic Update     THE WEEK ON WALL STREET Stocks slipped in the final days of trading last week on higher jobless claims and rising tensions in the U.S.-China relationship. The Dow Jones Industrial Average lost 0.76%, while the Standard &…

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In this week’s recap: stocks see a mixed week, as COVID-19 cases rise, and news of vaccine emerges. Weekly Economic Update     THE WEEK ON WALL STREET Stocks were mixed last week as investors reacted to positive economic data, progress on a COVID-19 vaccine, and the continued nationwide increase of COVID-19 cases. The Dow…

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In this week’s recap: stocks gain after volatile week, despite COVID-19 acceleration. Weekly Economic Update     THE WEEK ON WALL STREET Stock prices notched solid gains last week, looking past an increase in COVID-19 cases and any potential economic concerns raised by the trend. The Dow Jones Industrial Average increased by 0.96%, while the…

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In this week’s recap: despite continued COVID-19 concerns, markets react positively to Upbeat Economic Data. Weekly Economic Update     THE WEEK ON WALL STREET In a holiday-shortened week, stock prices turned higher as encouraging economic data outweighed an increase in COVID-19 cases and a rollback in economic re-openings. The Dow Jones Industrial Average rose…

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