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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In this week’s recap: U.S. jobs report and a surging market build optimism for global economic recovery. Weekly Economic Update   THE WEEK ON WALL STREET A positive jobs report sent stocks soaring last Friday, capping a solid week as evidence of a Global Economic Recovery Outweighed Concerns over civil unrest and tensions with China.…

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In this week’s recap: solid gains following a short trading week; economic reopening inspires optimism. Weekly Economic Update     THE WEEK ON WALL STREET The shortened week, which began with a powerful two-day rally of trading, was enough to drive the markets into another week of solid gains. The Dow Jones Industrial Average rose…

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In this week’s recap: Markets rally in reply to positive comments from Fed Chair Powell and further optimism for economic recovery. Weekly Economic Update     THE WEEK ON WALL STREET Upbeat comments by the Federal Reserve Chairman and more signs of an economic turnaround combined to help fuel a powerful rally in the stock…

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