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Weekly Economic Updates

  • Weekly Economic Update: May 16, 2022

    The Markets (as of market close May 13th, 2022) Despite a late-week rally, stocks closed last week lower, extending the market’s streak of losses to six consecutive weeks. In what proved to be a choppy week of trading, all the… Read More

  • Weekly Economic Update: May 9, 2022

    The Markets (as of market close May 6th, 2022) Stocks ended last week lower, marking the fifth consecutive week of losses. Despite suggestions from Federal Reserve Chairman that the central bank is not likely to raise interest rates by 75… Read More

  • Weekly Economic Update: May 2, 2022

    The Markets (as of market close April 29, 2022) The markets seemed to react with some fear last week. The major indexes fell, with about 90% of S&P 500 stocks losing ground and every major market sector closing in the… Read More

  • Weekly Economic Update: April 25, 2022

    The Markets (as of market close April 22, 2022) Wall Street closed lower last week as investors weighed mixed earnings data against increased certainty of aggressive interest rate hikes by the Federal Reserve. It was the third straight week of… Read More

  • Weekly Economic Update: April 18, 2022

    The Markets (as of market close April 14, 2022) Stocks ended last week mostly lower. Each of the benchmark indexes closed down during the holiday-shortened week, as Wall Street was closed in observance of Good Friday. Tech shares slid lower,… Read More

  • Weekly Economic Update: April 11, 2022

    The Markets (as of market close April 8, 2022) Stocks started the week strong but lost value overall last week as the major benchmark stock indexes finished lower. The Nasdaq and the Russell 2000 were hit the hardest, followed by… Read More

  • Weekly Economic Update: April 4, 2022

    The Markets (as of market close April 1, 2022) Stocks closed generally higher last week, with only the Dow failing to post a gain. As has been the case since the end of February, investors have had to weigh the… Read More

  • Weekly Economic Update: March 28, 2022

    The Markets (as of market close March 25, 2022) Wall Street closed higher for the second consecutive week. The tech-heavy Nasdaq led the gainers, followed by the S&P 500, the Global Dow, and the Dow. The small caps of the… Read More

  • Weekly Economic Update: March 21, 2022

    The Markets (as of market close March 18, 2022) Wall Street rebounded last week, enjoying its best weekly performance since November 2020. The Nasdaq advanced more than 8.0% as tech shares climbed higher. The S&P 500 rose more than 6.0%,… Read More

  • Weekly Economic Update: March 14, 2022

    The Markets (as of market close March 11, 2022) Stock benchmark indexes closed lower for the second straight week. The war in Ukraine continued, with Ukraine’s top diplomat indicating he saw no progress in talks with Russia. Inflation continued to… Read More

  • Weekly Economic Update: March 7, 2022

    The Markets (as of market close March 4, 2022) Wall Street traders moved from stocks to bonds and gold last week. Each of the major stock benchmark indexes lost value, with the Global Dow dropping more than 4.0% and the… Read More

  • Weekly Economic Update: February 28, 2022

    The Markets (as of market close February 25, 2022) Stocks closed mostly higher last week, despite a tumultuous week with the Russian invasion of Ukraine. Of the major benchmark indexes, only the Dow and the Global Dow closed the week… Read More

  • Weekly Economic Update: February 22, 2022

    The Markets (as of market close February 18, 2022) Last week, Wall Street reacted to the ongoing Russia-Ukraine conflict by moving from stocks to bonds, the dollar, and gold. Investors were faced with rising fears that a Russian invasion of… Read More

  • Weekly Economic Update: February 14, 2022

    The Markets (as of market close February 11, 2022) The major benchmark indexes closed last week lower. Rising tensions over the Russia-Ukraine situation coupled with rising inflation made investors a bit skittish towards stocks. A higher-than-expected jump in the Consumer… Read More

  • Weekly Economic Update: February 7, 2021

    The Markets (as of market close February 4, 2021) Last week was notable for a stronger-than-expected jobs report and mixed fourth-quarter earnings data. Stock values rose and fell throughout the week, ultimately closing higher. Crude oil prices rose for the… Read More

  • Weekly Economic Update: January 31, 2021

    The Markets (as of market close January 28, 2021) A very turbulent week, marked by volatility, ended with a robust finish. Last Friday’s gains were enough to push several of the benchmark indexes higher by the end of the week…. Read More

  • Weekly Economic Update: January 24, 2021

    The Markets (as of market close January 21, 2021) The Markets (as of market close January 21, 2022) Volatility has engulfed the markets this month, impacted by a more hawkish Federal Reserve stance, economic disruptions from Omicron, and risks to… Read More

  • Weekly Economic Update: January 18, 2021

    The Markets (as of market close January 14, 2021) Equities closed generally lower last week, with only the Global Dow ending the week in the black. Inflation, or more likely the Federal Reserve’s response to rising prices, may have influenced… Read More

  • Weekly Economic Update: January 10, 2021

    The Markets (as of market close January 7, 2021) After beginning the week on a high note, stocks couldn’t maintain that momentum, ending the week in the red. Following a record close on Monday, the S&P 500 ended the week… Read More

  • Weekly Economic Update: January 3, 2021

    The Markets (as of market close December 31, 2021) The last week of 2021 saw stocks close generally higher, with only the Nasdaq slipping lower. The Dow ended the week up 1.1%, followed by the S&P 500, the Global Dow,… Read More

  • Weekly Economic Update: December 27, 2021

    The Markets (as of market close December 23, 2021) Wall Street closed the holiday-shortened week at record levels as investors seemed to speculate that the economic recovery could weather the growing number of coronavirus cases. The S&P 500 closed the… Read More

  • Weekly Economic Update: December 20, 2021

    The Markets (as of market close December 17, 2021) Last week, Omicron, escalating prices, and the tightening of monetary policy by central banks in the United States and around the world took center stage. The prospect of higher interest rates… Read More

  • Weekly Economic Update: December 13, 2021

    The Markets (as of market close December 10, 2021) Stocks closed last week higher for the first time in three weeks. The S&P 500 enjoyed its best weekly gain since February. Fears over the effects of the Omicron variant on economic… Read More

  • Weekly Economic Update: December 6, 2021

    The Markets (as of market close December 3, 2021) Wall Street could not maintain its early momentum, closing the week down. Lower-than-expected employment, new reports of Omicron variant cases, and a hawkish stance from the Federal Reserve Chair led to… Read More

  • Weekly Economic Update: November 29, 2021

    The Markets (as of market close November 26, 2021) Thanksgiving week proved to be a tumultuous one for investors. All major benchmark indexes ended the week in the red following news of a new COVID variant in South Africa. In response,… Read More

  • Weekly Economic Update: November 22, 2021

    The Markets (as of market close November 19, 2021) Stocks closed last week mixed, with the Nasdaq and the S&P 500 posting gains, while the Russell 2000, the Global Dow, and the Dow fell. Another round of strong corporate earnings… Read More

  • Weekly Economic Update: November 15, 2021

    The Markets (as of market close November 12, 2021) Although equities closed last week on a high note, it wasn’t enough to recover from mid-week losses. All the major benchmark indexes lost ground, with the Russell 2000 falling over 1.0%… Read More

  • Weekly Economic Update: November 8, 2021

    The Markets (as of market close November 5, 2021) The first week of November saw stocks climb higher on the strength of favorable corporate earnings data, strong job growth, a dovish policy statement from the Federal Reserve, and favorable news… Read More

  • Weekly Economic Update: November 1, 2021

    The Markets (as of market close October 29, 2021) Solid corporate earnings data last week supported a strong week for equities. Investors’ concerns that rising inflation, supply-chain snarls, labor shortages, and a surge in COVID-19 cases would hinder corporate earnings… Read More

  • Weekly Economic Update: October 25, 2021

    The Markets (as of market close October 22, 2021) The major benchmark indexes advanced last week, led by the S&P 500, which rose 1.6%. Corporate earnings data for the third quarter has gotten off to a solid start to help… Read More

  • Weekly Economic Update: October 18, 2021

    The Markets (as of market close October 15, 2021) Despite a shaky start, Wall Street enjoyed a strong week of gains. A favorable start to corporate earnings season helped lift equities higher. The benchmark indexes all posted solid weekly gains,… Read More

  • Weekly Economic Update: October 11, 2021

    The Markets (as of market close October 8, 2021) Stocks closed last week generally higher, despite a weak jobs report. A Congressional deal to extend the debt ceiling until early December helped drive stocks higher during the middle of the… Read More

  • Weekly Economic Update: October 4, 2021

    The Markets (as of market close October 1, 2021) A rally last Friday helped drive stocks generally higher last week. The Dow, the Russell 2000, and the Global Dow were able to post gains, while the Nasdaq and the S&P… Read More

  • Weekly Economic Update: September 27, 2021

    The Markets (as of market close September 24, 2021) Investors rode a bumpy ride, opening last week lower only to rebound later but not enough to avoid a third consecutive weekly dip. Only the Nasdaq was able to avoid closing… Read More

  • Weekly Economic Update: September 20, 2021

    The Markets (as of market close September 17, 2021) Stocks have generally retreated in September on concerns that the Delta variant is slowing the economy’s rebound and that the markets, which had been surging, may be primed for a decline…. Read More

  • Weekly Economic Update: September 13, 2021

    The Markets (as of market close September 10, 2021) Stocks retreated last week, with each of the benchmark indexes falling at least 1.3%. The Russell 2000 and the Dow dropped the furthest, declining 2.8% and 2.2%, respectively. Investors contended with… Read More

  • Weekly Economic Update: September 7, 2021

    The Markets (as of market close September 3, 2021) Wall Street closed the week generally higher, with only the Dow dipping. Investors have the Labor Day weekend to weigh the effects of the somewhat lackluster jobs report for August. Last… Read More

  • Weekly Economic Update: August 30, 2021

    The Markets (as of market close August 27, 2021) The S&P 500 and the Nasdaq recorded multiple record highs last week. Each of the major benchmark stock indexes posted solid gains, led by the small caps of the Russell 2000,… Read More

  • Weekly Economic Update: August 23, 2021

    The Markets (as of market close August 20, 2021) Stocks closed the week lower over concerns about the pace of global economic growth. China, the world’s second-largest economy, saw retail sales and industrial production slow as that country tries to… Read More

  • Weekly Economic Update: August 16, 2021

    The Markets (as of market close August 13, 2021) Stocks closed mostly higher last week, with only the Nasdaq unable to end in the black. The Dow and the S&P 500 each closed the week at record highs, buoyed by… Read More

  • Weekly Economic Update: August 9, 2021

    The Markets (as of market close August 6, 2021) Stocks closed last week generally higher on the heels of a solid jobs report, which may have quelled worries that economic growth was slowing. Nevertheless, equity returns were volatile for much… Read More

  • Weekly Economic Update: August 2, 2021

    The Markets (as of market close July 30, 2021) Equities retreated last week despite strong corporate earnings data. European and Asian stocks slid following China’s regulatory crackdown aimed at large tech companies. Although corporate earnings generally have been solid, last… Read More

  • Weekly Economic Update: July 26, 2021

    The Markets (as of market close July 23, 2021) Last week proved to be a choppy one for stocks. The week began with stocks trending lower on news of a spike in the number of coronavirus cases. However, strong corporate… Read More

  • Weekly Economic Update: July 19, 2021

    The Markets (as of market close July 16, 2021) Stocks suffered their worst week in quite some time, as each of the major indexes ended the week lower. Last week was the start of the second-quarter corporate earnings reporting period…. Read More

  • Weekly Economic Update: July 12, 2021

    The Markets (as of market close July 9, 2021) Stocks closed the week with mixed returns. The Nasdaq, the Dow, and the S&P 500 closed out the week ahead, while the Global Dow and the Russell 2000 lost value. Treasury… Read More

  • Weekly Economic Update: July 6, 2021

    The Markets (as of market close July 2, 2021) Stocks ended last week generally higher, with the Nasdaq, the S&P 500, and the Dow each climbing more than 1.0%, while the Russell 2000 and the Global Dow lost value. Information… Read More

  • Weekly Economic Update: June 28, 2021

    The Markets (as of market close June 25, 2021) The week ended with all the major benchmark stock indexes posting gains. The small caps of the Russell 2000 led the way, followed by the Dow, the S&P 500, the Global… Read More

  • Weekly Economic Update: June 21, 2021

    The Markets (as of market close June 18, 2021) The week ended with each of the benchmark indexes losing ground. The small caps of the Russell 2000 fell the furthest, followed by the Global Dow, the Dow (which dropped for… Read More

  • Weekly Economic Update: June 14, 2021

    The Markets (as of market close June 11, 2021) Stocks closed generally higher last week, with the Russell 2000 and the Nasdaq leading the benchmark indexes, followed by the S&P 500. Both the Dow and the Global Dow lost value…. Read More

  • Weekly Economic Update: June 7, 2021

    The Markets (as of market close June 4, 2021) Last week ended with the benchmark indexes scoring gains, led by the Global Dow, followed by the Russell 2000, the Dow, the S&P 500, and the Nasdaq. Favorable jobs data may… Read More

  • Weekly Economic Update: June 1, 2021

    The Markets (as of market close May 28, 2021) Although last week had its ups and downs, stocks closed generally higher. The Russell 2000 climbed 2.4%. Tech stocks drove the Nasdaq 2.1% higher last week, followed by the S&P 500,… Read More

  • Weekly Economic Update: May 24, 2021

    The Markets (as of market close May 21, 2021) Stocks closed the week generally lower, with only the Nasdaq eking out a gain, in what proved to be a volatile week of trading. The Dow dropped 0.5%, followed by the… Read More

  • Weekly Economic Update: May 17, 2021

    The Markets (as of market close May 14, 2021) Despite a late-week rally, stocks weren’t able to recover from the losses suffered earlier in the week. The major benchmark indexes all fell, led by the Nasdaq, which dropped 2.3%, and… Read More

  • Weekly Economic Update: May 10, 2021

    The Markets (as of market close May 7, 2021) For the week, the markets seem to have been aided by strong first-quarter earnings reports and declining unemployment claims. However, a lower-than-expected number of new hires in April may lend credence… Read More

  • Weekly Economic Update: May 3, 2021

    The Markets (as of market close April 30, 2021) For the week, stocks couldn’t maintain record highs reached earlier, despite strong corporate earnings reports. Only the S&P 500 and the Global Dow were able to end the week in positive… Read More

  • Weekly Economic Update: April 26, 2021

    The Markets (as of market close April 23, 2021) The possibility of a capital gains tax hike proposed by U.S. federal government sent stocks reeling last week. However, bargain hunters plucked enough low-hanging stocks to push several of the benchmark… Read More

  • Weekly Economic Update: April 19, 2021

    The Markets (as of market close April 16, 2021) Last week, investors were confronted with a pause in the distribution of the Johnson & Johnson COVID-19 vaccine, the potential for rising inflation, and the likelihood of higher taxes to offset… Read More

  • Weekly Economic Update: April 12, 2021

    The Markets (as of market close April 9, 2021) Investors remained confident that the Federal Reserve would continue to support the economy, even as signs of inflationary pressures were evident. Overall, stocks advanced last week, with the Nasdaq climbing more… Read More

  • Weekly Economic Update: April 5, 2021

    The Markets (as of market close April 1, 2021) A late-week surge pushed stocks higher overall last week. The Nasdaq, which had been weakening as investors retreated from tech shares, climbed 2.6%. The small caps of the Russell 2000 continued… Read More

  • Weekly Economic Update: March 29, 2021

    The Markets (as of market close March 26, 2021) Equities ended the week mixed, with large caps outperforming small caps. The S&P 500 (1.6%) and the Dow (1.4%) advanced, while the Russell 2000 (-2.9%) and the Nasdaq (-0.6%) could not… Read More

  • Weekly Economic Update: March 22, 2021

    The Markets (as of market close March 19, 2021) The risk of rising inflation continued to influence investors last week, as they weigh that risk against the prospects of an accelerating economy. We saw the major stock market benchmarks lose… Read More

  • Weekly Economic Update: March 15, 2021

    The Markets (as of market close March 12, 2021) Investors generally preferred cyclicals and value stocks over tech shares last week. Nevertheless, stocks ended the week higher, with each of the major benchmark stock indexes gaining at least 2.5%, led… Read More

  • Weekly Economic Update: March 8, 2021

    The Markets (as of market close March 5, 2021) Investors looking for low-hanging values drove stocks higher last Monday and Friday — enough to push a few of the major stock market indexes into the black by the end of… Read More

  • Weekly Economic Update: March 1, 2021

    The Markets (as of market close February 26, 2021) Stocks closed the week and the month of February lower. All major stock indexes lost value last week, headed by the tech stocks of the Nasdaq, followed by the Russell 2000,… Read More

  • Weekly Economic Update: February 22, 2021

    The Markets (as of market close February 19, 2021) Despite a late-week surge, stocks were mixed to lower last week. The Dow and the Global Dow closed ahead, while the Nasdaq, the Russell 2000, and the S&P 500 lost value…. Read More

  • Weekly Economic Update: February 16, 2021

    The Markets (as of market close February 12, 2021) Overall, last week saw all of the benchmark indexes advance by at least 1.0%. The Russell 2000 led the way, followed by the Global Dow, the Nasdaq, the S&P 500, and… Read More

  • Weekly Economic Update: February 8, 2021

    The Markets (as of market close February 5, 2021) By the close of trading last week, each of the major stock benchmark indexes posted solid gains following the previous week’s sell-offs. Strong earnings reports, encouraging employment data, and hopes for… Read More

  • Weekly Economic Update: February 1, 2021

    The Markets (as of market close January 29, 2021) The week saw a new type of market risk due to “cyberbulling” — a scenario where retail investors acting together online agree to buy certain stocks, which can create extreme volatility… Read More

  • Weekly Economic Update: January 25, 2021

    The Markets (as of market close January 22, 2021) Inauguration week was a good one for equities. Each of the major equity indexes posted solid to impressive gains, led by the Nasdaq and followed by the Russell 2000, the S&P… Read More

  • Weekly Economic Update: January 19, 2021

    The Markets (as of market close January 15, 2021) For the week, only the small caps of the Russell 2000 posted a gain, as the remaining indexes fell. The yield on 10-year Treasuries ended the week about where it began,… Read More

  • Weekly Economic Update: January 11, 2021

    The Markets (as of market close January 8, 2021) Stocks climbed to all-time highs last week as investors latched on to political statements that trillions of dollars in further aid and stimulus could happen. The market’s strong performance came despite… Read More

  • Weekly Economic Update: January 4, 2021

    The Markets (as of market close December 31, 2020) The last week of December and 2020 was generally a good one for stocks. Only the small caps of the Russell 2000 failed to post a gain. The remaining benchmark indexes… Read More

  • Weekly Economic Update: December 28, 2020

    The Markets (as of market close December 24, 2020) Christmas week resulted in mixed returns for stocks. The Russell 2000 led the way, followed by the Nasdaq and the Dow. The S&P 500 and the Global Dow dipped. Overall, investors… Read More

  • Weekly Economic Update: December 21, 2020

    The Markets (as of market close December 18, 2020) Despite the ongoing negotiations over additional fiscal stimulus, investors continued to see value in stocks, pushing each of the benchmark indexes higher last week. The Nasdaq and the Russell 2000 enjoyed… Read More

  • Weekly Economic Update: December 14, 2020

    The Markets (as of market close December 11, 2020) Stocks closed generally lower for the week, led by the Global Dow, followed by the S&P 500, the Nasdaq, and the Dow. The small caps of the Russell 2000 posted a… Read More

  • Weekly Economic Update: December 7, 2020

    The Markets (as of market close December 4, 2020) Equities closed the week posting impressive gains by the close of trading last Friday. The Russell 2000 advanced 2.3%, the Global Dow climbed 1.1%, the S&P 500 gained 0.9%, the Dow… Read More

  • Weekly Economic Update: November 30, 2020

    The Markets (as of market close November 27, 2020) Optimism over favorable vaccine reports provided encouragement for investors over the holiday-shortened week. Several of the benchmark indexes hit record highs last week, continuing an upward trend in the market. The… Read More

  • Weekly Economic Update: November 23, 2020

    The Markets (as of market close November 20, 2020) By the end of last week, after ups and downs throughout the week dominated by Covid news, the small caps of the Russell 2000 and the Global Dow posted notable gains,… Read More

  • Weekly Economic Update: November 16, 2020

    The Markets (as of market close November 13, 2020) Stocks closed the week on a high note as cyclicals and value stocks prevailed over tech shares. The Dow and the S&P 500 each gained 1.4%, the Global Dow rose 1.1%,… Read More

  • Weekly Economic Update: November 9, 2020

    The Markets (as of market close November 6, 2020) Despite last Friday’s tepid returns, stocks enjoyed their best week since April. Investors may have been anticipating a divided federal government. This scenario might lead to additional fiscal stimulus but marginal… Read More

  • Weekly Economic Update: November 2, 2020

    The Markets (as of market close October 30, 2020) For the week, each of the major indexes fell by at least 5.5%. The Dow led the weekly tumble, followed by the Russell 2000, the Global Dow, the S&P 500, and… Read More

  • Weekly Economic Update: October 26, 2020

    The Markets (as of market close October 23, 2020) Earnings reporting season is in full force and the results have been mixed, which certainly impacted stock values. For the week, the major indexes were mixed with the Global Dow and the… Read More

  • Weekly Economic Update: October 19, 2020

    The Markets (as of market close October 16, 2020) Stocks climbed this week to their highest levels in more than a month. For the week, the Dow, the Nasdaq, and the S&P 500 posted moderate gains, while the Global Dow… Read More

  • Weekly Economic Update: October 12, 2020

    The Markets (as of market close October 9, 2020) Equities rebounded last Wednesday as the president appeared to soften his stance on halting stimulus negotiations until after the election. Each of the major indexes listed here climbed higher, led by… Read More

  • Weekly Economic Update: October 5, 2020

    The Markets (as of market close October 2, 2020) Despite the drop last Friday, stocks still managed to gain over the prior week. The Russell 2000 climbed 4.4%, followed by the Dow, which gained 1.9%. The S&P 500 climbed 1.5%,… Read More

  • Weekly Economic Update: September 28, 2020

    The Markets (as of market close September 25, 2020) Equity gains at the end of the week weren’t enough to push the benchmark indexes ahead of the prior week’s closing values. Only the Nasdaq posted a weekly gain. The S&P… Read More

  • Weekly Economic Update: September 21, 2020

    The Markets (as of market close September 18, 2020) Overall, stocks lost value for the week. Mixed signals from the federal government as to whether and when a virus vaccine would be available, coupled with the Federal Reserve’s assessment of… Read More

  • Weekly Economic Update: September 14, 2020

    The Markets (as of market close September 11, 2020) Overall, the major stock indexes fell for the second week in a row. Tech stocks continued to fall, ending a five-month rally. The Nasdaq had its worst week since March. Global… Read More

  • Weekly Economic Update: September 8, 2020

    The Markets (as of market close September 4, 2020) For the week, early gains in stocks weren’t enough to overcome losses later, as all of the major stock indexes lost value. The Nasdaq fell 3.3%, followed by the Russell 2000… Read More

  • Weekly Economic Update: August 31, 2020

    The Markets (as of market close August 28, 2020) For the week stocks posted solid gains, led by the Nasdaq, and followed by the S&P 500, the Global Dow, the Dow, and the Russell 2000. Investors were buoyed by optimism… Read More

  • Weekly Economic Update: August 24, 2020

    The Markets (as of market close August 21, 2020) For the week, the Nasdaq advanced 2.7%, followed by the S&P 500, which gained 0.7%. After reaching a record high last Tuesday, the S&P 500 recorded the fastest recovery from a… Read More

  • Weekly Economic Update: August 17, 2020

    The Markets (as of market close August 14, 2020) Stocks started the week mostly higher as investors anticipated additional virus stimulus relief, and the market enjoyed another positive week of growth. Each of the major stock benchmark indexes posted gains,… Read More

  • Weekly Economic Update: August 10, 2020

    The Markets (as of market close August 7, 2020) Last week began with stocks vaulting higher for the tenth Monday in a row. The Nasdaq reached a record high as tech stocks surged. The dollar gained value following a poor… Read More

  • Weekly Economic Update: August 3, 2020

    The Markets (as of market close July 31, 2020) Equities continued their positive run of Mondays by posting solid gains again to start last week. The technology sector led the Nasdaq to power ahead by 1.7%. The small caps of… Read More

  • Weekly Economic Update: July 27, 2020

    The Markets (as of market close July 24, 2020) Last week started off on a high note as stocks reached levels not seen since February. Investors were encouraged by signs out of Washington that additional stimulus was on the way…. Read More

  • Weekly Economic Update: July 20, 2020

    The Markets (as of market close July 17, 2020) Stocks surged early last Monday only to fall back by the end of the day. Earlier in the day, the S&P 500 reached its highest level since the COVID-19 pandemic sent equities reeling…. Read More

  • Weekly Economic Update: July 13, 2020

    The Markets (as of market close July 10, 2020) Last Monday proved to be a good start to the week for equities as all benchmark indexes posted solid gains. The Nasdaq reached a record high as surging tech stocks drove… Read More

  • Weekly Economic Update: July 6, 2020

    The Markets (as of market close July 2, 2020) Domestic stocks surged last Monday, as a robust pending home sales report overshadowed an increase in COVID-19 cases. Pending sales of existing homes soared over 44% in May, a record-setting rate… Read More

  • Weekly Economic Update: June 29, 2020

    The Markets (as of market close June 26, 2020) The week began with the stock market picking up where it left off the previous week. Stocks advanced in value, led by the tech-heavy Nasdaq. Last Monday’s run marked the seventh… Read More

  • Weekly Economic Update: June 22, 2020

    The Markets (as of market close June 19, 2020) Equities began the week edging higher following the Federal Reserve’s announcement that it would buy corporate bonds under an emergency lending program. The Russell 2000 closed up 2.3%, the Nasdaq gained… Read More