Tag: 401(k)

Markets React to Positive Outlook – Weekly Update

May 26, 2020 | By Steven DiGregorio

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 market last week. The Dow Jones Industrial Average rose 3.29%, while the Standard & Poor’s 500 advanced 3.20%. The Nasdaq Composite index climbed 3.44% for the […] READ MORE


Powell Somber on Recovery – Weekly Update

May 18, 2020 | By Steven DiGregorio

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 Industrial Average fell 2.65%, while the Standard & Poor’s 500 retreated 2.26%. The Nasdaq Composite Index slipped 1.17% for the week. The […] READ MORE


Jobs Down, Stocks Up – Weekly Update

May 11, 2020 | By Steven DiGregorio

The Week on Wall Street Despite a historic downturn in employment, stocks managed to climb higher last week as investors were emboldened by the pace of economic re-openings, both here and abroad. The Dow Jones Industrial Average gained 2.56%, while the Standard & Poor’s 500 advanced 3.50%. The Nasdaq Composite Index jumped 6.00% for the […] READ MORE


Economic Normalization Near? – Weekly Update

May 4, 2020 | By Steven DiGregorio

The Week on Wall Street Stock prices ended the week slightly lower, despite news of positive results from a test trial of a COVID-19 drug treatment and several states easing their economic lockdowns. The Dow Jones Industrial Average slipped 0.22%, while the Standard & Poor’s 500 lost 0.21%. The Nasdaq Composite Index dropped 0.34%. The […] READ MORE


Markets React to Oil Prices – Weekly Update

April 27, 2020 | By Steven DiGregorio

The Week on Wall Street Stock prices bounced around last week as investors reacted to wild swings in the price of oil and reports that called into question the efficacy of two potential virus treatments. The Dow Jones Industrial Average retreated 1.93%, while the Standard & Poor’s 500 lost 1.32%. The Nasdaq Composite Index slipped […] READ MORE


First Post-COVID-19 Data Arrives – Weekly Update

April 20, 2020 | By Steven DiGregorio

The Week on Wall Street Stock prices pushed higher last week as news of a White House plan to reopen the economy and reports of a potential COVID-19 treatment helped the market overcome weak economic data and an ugly start to the corporate earnings season. The Dow Jones Industrial Average rose 2.21%, while the Standard […] READ MORE


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