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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In this week’s recap: Powell paints a somber picture for recovery, and the markets slip in reaction. Weekly Economic Update     THE WEEK ON WALL STREET Stocks drifted lower last week, weighed down by Federal Reserve Chairman Jerome Powell’s unsettling comments on the economy and signs of renewed tensions with China. The Dow Jones…

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In this week’s recap: Unemployment reaches an historic low, while stocks climbed in response to economic re-openings. Weekly Economic Update     THE WEEK ON WALL STREET Despite an historic downturn in employment, stocks managed to climb higher last week as investors were emboldened by the pace of economic re-openings here and abroad. The Dow…

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