Tag: jobless claims

Rising Yields Wipsaw Stocks- Weekly Market Update

March 8, 2021 | By Steven DiGregorio

Weekly Market Insights Stocks were mixed last week as rising bond yields and heightening inflation fears sent stocks on a wild ride, capped by a remarkable Friday afternoon rally. The Dow Jones Industrial Average gained 1.82%, while the Standard & Poor’s 500 increased by 0.81%. The Nasdaq Composite index fell 2.06% for the week. The […] READ MORE


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