Financial News

Weekly Economic Update July 5, 2021

In this week’s recap: Employment reports and consumer confidence are up; stock market replies favorably. THE WEEK ON WALL STREET Strong employment reports and rising consumer confidence sent the stock market broadly higher last week. The Dow Jones Industrial Average rose 1.02%, while the Standard & Poor’s 500 picked up 1.67%. The Nasdaq Composite index gained 1.94%. The …

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Weekly Economic Update May 31, 2021

In this week’s recap: Upbeat feelings boost the stock market, with America reopening ahead of Memorial Day. THE WEEK ON WALL STREET Optimism over the economic reopening and renewed enthusiasm for technology and other high-growth companies powered the stock market higher last week. The Dow Jones Industrial Average rose 0.94%, while the Standard & Poor’s 500 climbed 1.16%. …

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