Tag: Positive Earnings

Stocks Mixed on COVID-19, Powell – Weekly Update

November 22, 2021 | By Steven DiGregorio

Trading Uncertainty A healthy retail sales report, falling jobless claims, positive earnings surprises, and strong manufacturing data lent support to stock prices, but investor sentiment was dampened by several concerns. Chief among these worries are a resurgence of COVID-19 infections this winter and the impact inflation may have on consumer confidence and corporate profit margins. […] READ MORE