Tag: COVID-19

Vaccine Rollout Spurs Markets Weekly Update – December 21, 2020

December 21, 2020 | By Steven DiGregorio

The Week on Wall Street Stocks climbed higher amid the COVID-19 vaccine rollout and an improving outlook for a fiscal stimulus bill. The Dow Jones Industrial Average, which has lagged all year, gained 0.44%. The Standard & Poor’s 500 picked up 1.25% while the Nasdaq Composite index surged 3.05%. The MSCI EAFE index, which tracks […] READ MORE


Cases Rise, Stocks Retreat Weekly Update – December 14, 2020

December 14, 2020 | By Steven DiGregorio

The Week on Wall Street Stocks retreated last week on rising COVID-19 infections and slow progress on an economic relief bill. The Dow Jones Industrial Average dipped 0.57%, while the Standard & Poor’s 500 dropped 0.96%. The Nasdaq Composite index fell 0.69% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, […] 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


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


Special Update: Quarterly Report- Weekly Update

October 5, 2020 | By Steven DiGregorio

The Week on Wall Street Stocks advanced last week, propelled by hopes that legislators may reach an agreement for a new fiscal stimulus package and optimism generated by a few corporate deal announcements and initial public offerings. The Dow Jones Industrial Average rose 1.87%, while the Standard & Poor’s 500 increased 1.52%. The Nasdaq Composite […] READ MORE


Stocks Power Higher- Weekly Update

August 31, 2020 | By Steven DiGregorio

The Week on Wall Street Stocks advanced relentlessly last week on positive COVID-19 developments, encouraging economic data, and a supportive policy shift in the Fed’s approach to its target inflation rate. The Dow Jones Industrial Average increased by 2.59%, while the Standard & Poor’s 500 jumped 3.26%. The Nasdaq Composite index leaped 3.39% for the […] READ MORE


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