Weekly Economic Updates

  • 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


  • Weekly Economic Update: June 15, 2020

    The Markets (as of market close June 12, 2020) Last week began with a bang for stocks with each of the major indexes gaining well over 1.0% for the day. The S&P 500, after climbing 1.2%, has picked up nearly… Read More


  • Weekly Economic Update: June 8, 2020

    The Markets (as of market close June 5, 2020) Despite nationwide protests and U.S.-China tensions, stocks rose to start the week. Apparently, investors focused on progress toward economic recovery instead of other pressing issues. Small caps of the Russell 2000… Read More


  • Weekly Economic Update: June 1, 2020

    The Markets (as of market close May 29, 2020) With the stock market closed last Monday in observance of Memorial Day, Tuesday’s trading led to solid returns for the stock market. The S&P 500 climbed past the 3000 mark for… Read More


  • Weekly Economic Update: May 26, 2020

    The Markets (as of market close May 22, 2020) The major benchmarks opened the week on a high note, led by the Russell 2000, which gained more than 6.0%. The large caps of the Dow (3.85%) and S&P 500 (3.15%)… Read More


  • Weekly Economic Update: May 18, 2020

    The Markets (as of market close May 15, 2020) Stocks opened the week with mixed returns. The S&P 500 stayed level, the Dow fell by almost half a point, and the Nasdaq finished the day up three-quarters of a percent…. Read More


  • Weekly Economic Update: May 11, 2020

    The Markets (as of market close May 8, 2020) Investors seem to be continuing to move toward stocks despite unfavorable economic data. New scientific and medical developments in the battle against COVID-19 offer some hope. Last Monday saw stocks rebound from losses… Read More


  • Special Economic Report: May 4, 2020

    Stocks closed lower on Friday, and for the week. But for proper context, they just finished their best month in decades with the Dow up 11.08%, the S&P up 12.68%, and the Nasdaq up 15.44%. So nobody should be surprised… Read More