Rise in Cases Inspires Turbulence – Weekly Update for June 29, 2020
The Week on Wall Street A jump in COVID-19 cases dampened investor enthusiasm last week, sending stock prices lower on worries that rising infections could derail the economic recovery. The Dow Jones Industrial Average slumped 3.31%, while the Standard & Poor’s...
U.S. Economy Gains Momentum – Weekly Update for June 22, 2020
The Week on Wall Street The U.S. economy gains momentum as stocks moved higher last week on news of more Federal Reserve market support and diminished concerns that new COVID-19 cases might lead to another economic shutdown. The Dow Jones Industrial Average rose...
Markets React to Fed Report – Weekly Update for June 15, 2020
The Week on Wall Street Investor sentiment turned negative last week, amid an increasing number of COVID-19 cases in states where reopening has been underway as well as a subdued economic forecast from the Federal Reserve. The Dow Jones Industrial Average dropped...
Recovery Optimism Builds – Weekly Update for June 8, 2020
The Week on Wall Street A positive jobs report sent stocks soaring last Friday, capping a solid week as evidence of a global economic recovery outweighed concerns over civil unrest and tensions with China. The Dow Jones Industrial Average jumped 6.81%, while the...
Optimism for Re-Opening – Weekly Update for June 1, 2020
The Week on Wall Street The shortened week, which began with a powerful two-day rally of trading, was enough to drive the markets into another week of solid gains. The Dow Jones Industrial Average rose 3.75%, while the Standard & Poor’s 500 advanced 3.01%. The...
Markets React to Positive Outlook – Weekly Update for May 26, 2020
The Week on Wall Street Upbeat comments by the Federal Reserve Chairman and more signs of an economic turnaround combined to help fuel a powerful rally in the stock market last week. The Dow Jones Industrial Average rose 3.29%, while the Standard & Poor’s 500...
Powell Somber on Recovery – Weekly Update for May 18, 2020
The Week on Wall Street Stocks drifted lower last week, weighed down by Federal Reserve Chairman Jerome Powell’s unsettling comments on the economy and signs of renewed tensions with China. The Dow Jones Industrial Average fell 2.65%, while the Standard & Poor’s...
Jobs Down, Stocks Up – Weekly Update for May 11, 2020
The Week on Wall Street Despite a historic downturn in employment, stocks managed to climb higher last week as investors were emboldened by the pace of economic re-openings, both here and abroad. The Dow Jones Industrial Average gained 2.56%, while the Standard &...
May 2020 Market Update Video
Join us for the May 2020 market update video. Austin discusses the current state of the markets in light of the pandemic, and how the current market headlines could have an effect on you as an investor. As always, if you have any questions or concerns after viewing...
Economic Normalization Near? – Weekly Update for May 4, 2020
The Week on Wall Street Stock prices ended the week slightly lower, despite news of positive results from a test trial of a COVID-19 drug treatment and several states easing their economic lockdowns. The Dow Jones Industrial Average slipped 0.22%, while the Standard...
