In this week’s recap: Coronavirus continues to drive the markets, even as bankers and health professionals take decisive steps to stem the tide. Weekly Economic Update     THE WEEK ON WALL STREET The stock market suffered through another volatile week as it wrestled with the health and economic fallout of the domestic…

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In this week’s recap: Continuing concerns over COVID-19, aided by cuts in oil production overseas, contributed to continued market volatility. Weekly Economic Update THE WEEK ON WALL STREET Markets remained exceptionally volatile, buffeted by the spreading impact of coronavirus, uncertain responses from federal policymakers, and the sudden drop in oil prices. The Dow Jones Industrial…

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Understanding market downturns For prepared investors, market downturns can represent great opportunity Nearly everywhere you turn, from friends and colleagues to cable news shows, you can find someone with a strong opinion about the financial markets. People will often use specific terms such as correction or bear market to render judgments about the direction of…

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In this week’s recap: U.S. stocks finish higher after a wild trading week; the Federal Reserve cuts short-term interest rates; Treasury yields decline; the latest jobs report out of Washington shows no falloff for hiring. Weekly Economic Update   THE WEEK ON WALL STREET Heightened coronavirus fears, falling yields, and Super Tuesday primary results sent…

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In this week’s recap: Wall Street grapples with coronavirus unknowns; new Federal Reserve meeting minutes appear; existing home sales retreat; the price of gold climbs. Weekly Economic Update   THE WEEK ON WALL STREET Traders paid close attention to coronavirus developments and earnings last week, while wondering how the former might eventually impact the latter.…

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