Weekly Economic Update September 27, 2021

In this week’s recap: Financial contagion concerns and a positive word from the Fed bookend a wild week. THE WEEK ON WALL STREET Stocks prices were whipsawed last week, dragged initially lower by financial contagion worries and later lifted by a supportive Fed policy statement. The Dow Jones Industrial Average gained 0.62%, while the Standard & Poor’s 500 …

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Weekly Economic Update September 13, 2021

In this week’s recap: Delta variant continues to concern the markets; labor market shows positive signs. THE WEEK ON WALL STREET In a quiet week of news, stocks moved lower amid simmering concerns over the Delta variant’s effect on the progress of economic reopening. The Dow Jones Industrial Average declined 2.15%, while the Standard & Poor’s 500 dropped …

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Weekly Economic Update August 9, 2021

In this week’s recap: Despite Delta variant fears, stocks rise on strong jobs, strong earnings reports. THE WEEK ON WALL STREET Overcoming jitters about the Delta variant and the reintroduction of mask requirements, stocks climbed higher on strong employment data and a fresh batch of strong corporate earnings. The Dow Jones Industrial Average rose 0.78% while the Standard …

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