Market Update- April 13, 2020
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The Week on Wall Street The stock market staged a broad rally this week, buoyed by the prospect that COVID-19’s grip on the nation may be easing and news of another Federal Reserve program to help stabilize businesses. The Dow … Continue reading
Market Update- April 6, 2020
The Week on Wall Street Modest declines in stock prices this week masked the volatile inter- and intraday price swings as investors digested poor economic data and a warning from the president that the worst days of the COVID-19 pandemic … Continue reading
Market Update- March 30, 2020
An open-ended commitment by the Federal Reserve to support American businesses and capital markets along with the passage of a $2 trillion aid package improved investor sentiment and drove a strong rally in stock prices. The Dow Jones Industrial Average … Continue reading
Market Update- March 23, 2020
The Week on Wall Street The stock market suffered through another volatile week as it wrestled with the health and economic fallout of the domestic spread of the coronavirus. Swift and decisive actions by the Federal Reserve and policy responses … Continue reading
Market Update- March 16, 2020
The Week on Wall Street Markets remained exceptionally volatile, buffeted by the spreading impact of coronavirus, uncertain responses from federal policymakers, and the sudden drop in oil prices. The Dow Jones Industrial Average fell 10.36%, while the S&P 500 declined … Continue reading
Market Update- March 9, 2020
The Week on Wall Street Heightened coronavirus fears, falling yields, and Super Tuesday primary results sent stocks on a rollercoaster ride of sharp price swings, leaving stocks marginally higher for the week. The Dow Jones Industrial Average improved 1.79%; the … Continue reading
Market Update- March 2, 2020
The Week on Wall Street Stocks fell sharply last week as Wall Street considered how the coronavirus outbreak might influence global business activity and household spending. The selloff became a correction for the U.S. markets. The S&P 500 retreated 11.49%; … Continue reading
Market Update- February 24, 2020
The Week on Wall Street Traders paid close attention to coronavirus developments and earnings last week, while wondering how the former might eventually impact the latter. Concern over updated infection numbers moderated risk appetite. A pair of key stock benchmarks … Continue reading
Market Update- February 18, 2020
The Week on Wall Street Daily headlines about the coronavirus had little impact on stock market averages last week. Earnings and mergers had more influence. All three Wall Street benchmarks improved. The Nasdaq Composite rose 2.21%, outpacing the S&P 500, … Continue reading
Market Update- February 10, 2020
The Week on Wall Street Stocks advanced four days out of five during the past market week, erasing the losses of the week before. The Nasdaq Composite surged 4.04%, the S&P 500 3.17%, and the Dow Jones Industrial Average 3.00%. … Continue reading
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