Posts Tagged ‘markets’
Two Steps Forward, One Step Back
In this week’s recap: Tech stocks and strong indicators lead a week of economic advancement. Weekly Economic Update THE WEEK ON WALL STREET Strong economic data and a resurgent technology sector propelled stocks to solid gains last week. The Dow Jones Industrial Average advanced 1.95%, while the Standard & Poor’s 500 picked up 2.71%. The…
Read MoreVolatility Tests Your Mettle
Volatility Tests Your Mettle Some changes may be unsettling. Most people understand that stock prices don’t go straight up. But when market volatility increases, the price action can test the mettle of even the most seasoned investor. In recent weeks, stock prices have trended lower with a few eye-popping, one-day rallies as the…
Read MoreTech Remains Under Pressure
In this week’s recap: Weakness in tech and high-growth stocks leads to a rocky week; Yellen and Powell signal optimism. Weekly Economic Update THE WEEK ON WALL STREET A rocky week with wide price swings led to mixed results for stocks last week, as investors grappled with anxieties over economic growth and weakness in…
Read MoreA Week of Ups and Downs
In this week’s recap: A week of ups and downs leaves modest losses at week’s end. Weekly Economic Update THE WEEK ON WALL STREET Rising bond yields and improving economic conditions led to a choppy week of trading that ended in modest losses for investors. The Dow Jones Industrial Average fell 0.46%, while…
Read MoreCOVID-19 fiscal relief bill signed into law
In this week’s recap: The White House signs COVID-19 fiscal relief bill into law; the economy reacted positively. Weekly Economic Update THE WEEK ON WALL STREET Stocks touched new record highs last week as bond yields steadied, a fiscal relief bill was signed into law, and confidence in a strong economic recovery grew.…
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