Tag: stimulus

Mixed Reaction from Markets – Weekly Update

January 19, 2021 | By Steven DiGregorio

A Week On Wall Street Markets drifted lower last week as uninspired investors digested mixed news on the economic front. The Dow Jones Industrial Average lost 0.91% while the Standard & Poor’s 500 slid 1.48%. The Nasdaq Composite index stumbled 1.54% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, slipped […] READ MORE


Vaccine Rollout Spurs Markets Weekly Update – December 21, 2020

December 21, 2020 | By Steven DiGregorio

The Week on Wall Street Stocks climbed higher amid the COVID-19 vaccine rollout and an improving outlook for a fiscal stimulus bill. The Dow Jones Industrial Average, which has lagged all year, gained 0.44%. The Standard & Poor’s 500 picked up 1.25% while the Nasdaq Composite index surged 3.05%. The MSCI EAFE index, which tracks […] READ MORE


Cases Rise, Stocks Retreat Weekly Update – December 14, 2020

December 14, 2020 | By Steven DiGregorio

The Week on Wall Street Stocks retreated last week on rising COVID-19 infections and slow progress on an economic relief bill. The Dow Jones Industrial Average dipped 0.57%, while the Standard & Poor’s 500 dropped 0.96%. The Nasdaq Composite index fell 0.69% for the week. The MSCI EAFE index, which tracks developed overseas stock markets, […] READ MORE


Vaccine Triggers Rally- Weekly Update

November 16, 2020 | By Steven DiGregorio

The Week on Wall Street News of a COVID-19 vaccine ignited a rally in economically sensitive stocks and a broad retreat in technology companies last week, though enthusiasm was tempered by reports of rising new infections and fresh lockdowns. The Dow Jones Industrial Average surged 4.08%, while the Standard & Poor’s 500 rose 2.16%. The […] READ MORE


No Stimulus, Stocks Lower- Weekly Update

October 26, 2020 | By Steven DiGregorio

The Week on Wall Street The failure yet again to reach an agreement on a new fiscal stimulus bill led to negative investor sentiment, sending stocks modestly lower for the week. The Dow Jones Industrial Average fell 0.95%, while the Standard & Poor’s 500 lost 0.53%. The Nasdaq Composite index slipped 1.06% for the week. […] READ MORE


A Challenging Week for Stocks – Weekly Update

October 19, 2020 | By Steven DiGregorio

The Week on Wall Street Stocks treaded water last week amid fading prospects for a stimulus bill, fears of a second wave of COVID-19 cases, and increasing political and regulatory pressures on Big Tech companies. The Dow Jones Industrial Average added just 0.07% while the Standard & Poor’s 500 eked out a gain of 0.19%. […] READ MORE


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