New Infections Increase Anxiety- Weekly Update

November 23, 2020 | By Steven DiGregorio

The Week on Wall Street Despite news of another COVID-19 vaccine candidate, stocks were mixed amid investor anxiety over an increase in new infections and economic lockdowns. The Dow Jones Industrial Average fell 0.73%, while the Standard & Poor’s 500 declined 0.77%. The Nasdaq Composite index rose 0.22% for the week. The MSCI EAFE index, […] READ MORE


Vaccine Triggers Rally- Weekly Update

November 16, 2020 | By Steven DiGregorio

The Week on Wall Street News of a COVID-19 vaccine ignited a rally in economically sensitive stocks and a broad retreat in technology companies last week, though enthusiasm was tempered by reports of rising new infections and fresh lockdowns. The Dow Jones Industrial Average surged 4.08%, while the Standard & Poor’s 500 rose 2.16%. The […] READ MORE


Markets React to Election- Weekly Update

November 9, 2020 | By Steven DiGregorio

The Week on Wall Street  Stocks soared last week as investors anticipated that a split Congress would raise legislative hurdles to changing corporate taxes and adjusting regulatory oversight of big technology companies. The Dow Jones Industrial Average jumped 6.87%, while the Standard & Poor’s 500 tacked on 7.32%. The Nasdaq Composite index surged 9.01% for […] READ MORE


No Stimulus, Stocks Lag- Weekly Update

November 2, 2020 | By Steven DiGregorio

The Week on Wall Street Stock prices dropped last week as hopes for a fiscal stimulus bill faded, investors focused on rising COVID-19 infections, and volatility rose approaching U.S. elections. The Dow Jones Industrial Average slid 6.47%, while the Standard & Poor’s 500 tumbled 5.64%. The Nasdaq Composite index lost 5.51% for the week. The […] READ MORE


No Stimulus, Stocks Lower- Weekly Update

October 26, 2020 | By Steven DiGregorio

The Week on Wall Street The failure yet again to reach an agreement on a new fiscal stimulus bill led to negative investor sentiment, sending stocks modestly lower for the week. The Dow Jones Industrial Average fell 0.95%, while the Standard & Poor’s 500 lost 0.53%. The Nasdaq Composite index slipped 1.06% for the week. […] READ MORE


A Challenging Week for Stocks – Weekly Update

October 19, 2020 | By Steven DiGregorio

The Week on Wall Street Stocks treaded water last week amid fading prospects for a stimulus bill, fears of a second wave of COVID-19 cases, and increasing political and regulatory pressures on Big Tech companies. The Dow Jones Industrial Average added just 0.07% while the Standard & Poor’s 500 eked out a gain of 0.19%. […] READ MORE


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