Tag: fiscal stimulus

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


Stocks Mixed Amid Uncertainty- Weekly Update

September 28, 2020 | By Steven DiGregorio

The Week on Wall Street Stocks were mixed last week as worries in Washington D.C. over a fiscal stimulus bill being passed to Europe, which is seeing a marked increase of new COVID-19 cases. The Dow Jones Industrial Average declined 1.75%, while the Standard & Poor’s 500 fell 0.63%. The Nasdaq Composite index gained 1.11% […] 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