Tag: employment

Stocks Extend Rally; Eyes On Tech – Weekly Update

February 7, 2022 | By Steven DiGregorio

Earnings in Focus At the start of the week, stocks extended the previous week’s rally with some high-growth companies leading the move higher. Strong company profits fueled the market the middle of the week, until an earnings disappointment from a mega-cap company took investors by surprise. The earnings miss deflated sentiment as it heightened worries […] READ MORE


Delta Variant Concerns Markets

September 13, 2021 | By Steven DiGregorio

Stocks Weaken In a holiday-shortened week of trading, markets were choppy as investors grew cautious in the face of a potential Fed tapering decision later this month and the impact of Delta on the economic recovery. What little news there was, it was decidedly mixed. Job growth showed real strength coming off a shaky employment […] READ MORE


Data and Delta Scramble Stock Results – Weekly Update

September 7, 2021 | By Steven DiGregorio

Mixed Market Investors gravitated toward the high growth technology and communication services sectors, as well as the more defensive sectors, such as utilities and real estate. Reopening stocks were weighed down by Delta variant fears and a retreating consumer, while energy struggled to bounce in the wake of Hurricane Ida shutting down energy production and […] READ MORE


Markets Overcome Delta Variant Reports – Weekly Market Update

July 26, 2021 | By Steven DiGregorio

Delta Variant Head Fake Stocks staged a broad retreat on Monday as traders worried about the adverse economic implications of growing Delta variant infections. Economically sensitive sectors, such as energy, financials, industrials, and materials, absorbed the brunt of Monday’s sell-off. But the markets did a quick about face, posting four-consecutive days of gains and leaving […] READ MORE


Markets Start 2021 on a High – Weekly Update

January 11, 2021 | By Steven DiGregorio

The Week on Wall Street Shrugging off COVID-19 infections and the disruption at the Capitol on January 6, stocks powered higher to kick off a new year of trading. The Dow Jones Industrial Average gained 1.61%, while the Standard & Poor’s 500 increased by 1.83%. The Nasdaq Composite index, which led throughout 2020, picked up […] READ MORE


Dow Hits 30,000 – Weekly Update

November 30, 2020 | By Steven DiGregorio

The Week on Wall Street Stocks surged last week, ignited by another COVID-19 vaccine announcement, encouraging economic data, and the easing of political uncertainty. The Dow Jones Industrial Average rose 2.21%, while the Standard & Poor’s 500 added 2.27%. The Nasdaq Composite index, which has led all year, gained 2.96%. The MSCI EAFE index, which […] READ MORE


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