Anticipation of a new fiscal stimulus and improved vaccine distribution powered stocks to fresh record highs last week with technology stocks leading the way.
Continue reading “Weekly Market Insights: Optimism Stimulates Markets”
Newsletter
Weekly Market Insights: Mixed Reaction from Markets
Markets drifted lower last week as uninspired investors digested mixed news on the economic front.
Continue reading “Weekly Market Insights: Mixed Reaction from Markets”
Markets Start 2021 on a High
The Week on Wall Street
Shrugging off COVID-19 infections and the disruption at the Capitol on January 6, stocks powered higher to kick off a new year of trading.
The Year in Review
The Week on Wall Street
Stocks moved higher during a holiday-shortened week of trading, capping off a turbulent, but otherwise strong year for equity investors.
Vaccine Rollout Spurs Markets
The Week on Wall Street
Stocks climbed higher amid the COVID-19 vaccine rollout and an improving outlook for a fiscal stimulus bill.
Cases Rise, Stocks Retreat
The Week on Wall Street
Stocks retreated last week on rising COVID-19 infections and slow progress on an economic relief bill.
Vaccine Triggers Rally
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.
Markets React to Election
The Week on Wall Street
Stocks soared last week as investors anticipated that a split Congress would raise legislative hurdles to changing corporate taxes and adjusting regulatory oversight of big technology companies.
No Stimulus, Stocks Lag
The Week on Wall Street
Stock prices dropped last week as hopes for a fiscal stimulus bill faded and investors focused on rising COVID-19 infections, here and abroad.
No Stimulus, Stocks Lower
The Week on Wall Street
The failure to reach an agreement on a new fiscal stimulus bill soured investor sentiment and sent stocks modestly lower for the week.