Markets Overcome Reaction to Latest Delta Variant News

In this week’s recap: Markets overcome reaction to latest Delta variant news. Weekly Economic Update   THE WEEK ON WALL STREET Overcoming a COVID-related economic growth scare, stocks moved higher amid a week of strong corporate earnings reports. The Dow Jones Industrial Average rose 1.08%, while the Standard & Poor’s 500 gained 1.96%. The Nasdaq…

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Stocks Retreat As Inflation Advances

  In this week’s recap: Stocks Retreat As Inflation Advances. Weekly Economic Update THE WEEK ON WALL STREET Despite a good start to earnings season and some solid economic data, worries of slower second-half economic growth led to a pullback in stock prices last week. The Dow Jones Industrial Average fell 0.52%, while the Standard…

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Capital Asset Advisory Services Market Update: Second Quarter 2021

The second quarter of 2021 saw continued increases in most stock, bond, and commodity markets. As vaccine distribution has increased, so has business activity in those areas. Using air traffic as a crude proxy for normal-economic-activity, you can see the yearly changes in passenger traffic. Using 2019 (in green) as a baseline, 2021 (in yellow)…

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Attention Turns To Bonds

In this week’s recap: Stocks edge higher in short week. Weekly Economic Update THE WEEK ON WALL STREET Stocks managed small gains as investors wrestled with concerns over economic growth prospects and a rise in COVID-19 infections. The Dow Jones Industrial Average picked up 0.24%, while the Standard & Poor’s 500 gained 0.40%. The Nasdaq…

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Employment Reports & Consumer Confidence Are Up

  In this week’s recap: Employment reports and consumer confidence are up; stock market replies favorably. Weekly Economic Update   THE WEEK ON WALL STREET Strong employment reports and rising consumer confidence sent the stock market broadly higher last week. The Dow Jones Industrial Average rose 1.02%, while the Standard & Poor’s 500 picked up…

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