Tag: Earnings

Weekly Gains for Big Benchmarks – Weekly Update

February 18, 2020 | By Steven DiGregorio

The Week on Wall Street Daily headlines about the coronavirus had little impact on stock market averages last week. Earnings and mergers had more influence. All three Wall Street benchmarks improved. The Nasdaq Composite rose 2.21%, outpacing the S&P 500, up 1.58%, and the Dow Jones Industrial Average, up 1.02%. The MSCI EAFE index, which […] READ MORE

Phase-One Trade Deal Reached – Weekly Update

December 16, 2019 | By Steven DiGregorio

The Week on Wall Street The U.S. and China announced a limited trade agreement last week. That news lifted U.S. and foreign stocks, leading to weekly gains. Advancing 0.91% on the week, the Nasdaq Composite outperformed the S&P 500 (up 0.73%) and Dow Jones Industrial Average (up 0.43%). The MSCI EAFE index, measuring the performance […] READ MORE

China Announces More Tariffs – Weekly Update

August 26, 2019 | By Steven DiGregorio

The Week on Wall Street Traders assumed that the week’s biggest news event would be Federal Reserve Chairman Jerome Powell’s speech at the annual Jackson Hole banking conference. Instead, China seized the headlines by announcing new tariffs on U.S. goods. Domestic stocks ended up lower for the week. The Nasdaq Composite fell 1.83%; the S&P […] READ MORE

Trade Tensions Affect Stocks – Weekly Update

August 12, 2019 | By Steven DiGregorio

The Week on Wall Street Stocks spent much of last week rebounding from a Monday drop that reflected nervousness about the U.S.-China trade fight. By Thursday’s closing bell, the S&P 500 had regained all its Monday losses – but it descended again on Friday. The three big U.S. equity benchmarks finished the week lower: the […] READ MORE

Stocks Descend from Recent Peaks- Weekly Update

July 22, 2019 | By Steven DiGregorio

The Week on Wall Street Stock benchmarks retreated during the first week of the second-quarter earnings season. As some big names shared quarterly results, investors seemed more interested in what might happen at the Federal Reserve’s upcoming policy meeting. For the week, the S&P 500 declined 1.23%. The Dow Jones Industrial Average lost 0.65%, and […] READ MORE

A Mild Week For the Market – Weekly Update

April 23, 2019 | By Steven DiGregorio

The Week on Wall Street A short and relatively placid trading week wrapped up Thursday, with the major indices turning in mixed performances. The S&P 500 retreated 0.08%, the Nasdaq Composite advanced 0.17%, and the Dow Jones Industrial Average gained 0.56%. The MSCI EAFE index, tracking foreign stocks in developed countries, added 0.65%.[1][2][3][4]   Nothing […] READ MORE