Tag: Earnings

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 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


Stocks Rise, Stimulus Uncertain- Weekly Update

October 12, 2020 | By Steven DiGregorio

The Week on Wall Street Stocks staged a powerful rally last week, riding a wave of optimism over the prospect of the passage of a new fiscal stimulus bill. The Dow Jones Industrial Average rose 3.27%, while the Standard & Poor’s 500 increased 3.84%. The Nasdaq Composite index gained 4.56% for the week. The MSCI […] READ MORE


Tech Sector Slip Continues- Weekly Update

September 21, 2020 | By Steven DiGregorio

The Week on Wall Street Stocks slipped as the technology sector remained under pressure and a mid-week announcement by the Federal Reserve failed to inspire investors. The Dow Jones Industrial Average declined 0.03%, while the Standard & Poor’s 500 fell 0.64%. The Nasdaq Composite index dropped 0.56% for the week. The MSCI EAFE index, which […] READ MORE


Stocks and Consumer Prices Rise- Weekly Update

August 17, 2020 | By Steven DiGregorio

The Week on Wall Street Stock prices drifted higher in an otherwise quiet news week, as a slowdown in new COVID-19 cases outweighed a Congressional impasse on a new fiscal-spending measure. The Dow Jones Industrial Average gained 1.81%, while the Standard & Poor’s 500 rose by 0.64%. The Nasdaq Composite Index inched 0.08% higher for […] READ MORE


Earnings Season Winds Down – Weekly Update

August 10, 2020 | By Steven DiGregorio

The Week on Wall Street Overlooking stalled efforts by Congress to pass a new fiscal stimulus bill, stocks marched higher last week with the Dow Jones Industrials leading the way and the NASDAQ Composite setting multiple fresh record highs. The Dow Jones Industrial Average gained 3.80%, while the Standard & Poor’s 500 rose by 2.45%. […] READ MORE


Next