Tag: economy

Trade Winds Move the Market – Weekly Update

October 14, 2019 | By Steven DiGregorio

The Week on Wall Street Stock prices pushed higher last week, as investors remained hyper-focused on any new developments with the U.S. trade negotiations with China. The Dow Jones Industrial Average picked up 0.91%, while the Standard & Poor’s 500 rose 0.62%. The Nasdaq Composite index gained 0.93% for the week. The MSCI EAFE index, […] READ MORE


Special Update: Quarterly Report – Weekly Update

October 7, 2019 | By Steven DiGregorio

The Week on Wall Street The fourth quarter started with a mixed week for equities. The Dow Jones Industrial Average lost 0.92% for the week; the S&P 500, 0.33%. In contrast, the Nasdaq Composite improved 0.54%. Overseas stocks pulled back: the MSCI EAFE index dipped 2.60%.[1][2] The Institute for Supply Management’s Manufacturing Purchasing Manager Index […] READ MORE


Benchmarks End Week Lower – Weekly Update

September 30, 2019 | By Steven DiGregorio

The Week on Wall Street Stocks retreated last week. Traders worried that the formal impeachment inquiry of President Donald Trump might distract White House officials from their pursuit of a trade deal with China, and shift the focus of Congress away from consideration of the United States-Mexico-Canada Agreement (USMCA). Also, news broke Friday that the […] READ MORE


Stocks Stage a Modest Retreat – Weekly Update

September 23, 2019 | By Steven DiGregorio

The Week on Wall Street Investors reacted to two major news items last week, one far more of a surprise than the other. The Federal Reserve did indeed make a rate cut, matching Wall Street expectations. Drone strikes on two of the world’s largest oil fields brought a shock to the global oil market. At […] READ MORE


Dow Logs 8-Day Win Streak – Weekly Update

September 16, 2019 | By Steven DiGregorio

The Week on Wall Street Stocks edged toward all-time peaks during a relatively calm week marked by easing trade tensions. Friday marked the eighth straight daily advance for the Dow Jones Industrial Average.[1] Small-cap shares, as tracked by the Russell 2000 index, rose 4.85% in five days. The S&P 500 improved 0.96% for the week, […] READ MORE


Dow, Nasdaq, S&P 500 Advance – Weekly Update

September 9, 2019 | By Steven DiGregorio

The Week on Wall Street Stocks rose last week, with help from two developments: the announcement of further U.S.-China trade talks as well as August hiring and manufacturing numbers that seemed to bolster the argument for a rate cut by the Federal Reserve. The broad U.S. equity market, as represented by the S&P 500, added […] READ MORE


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