In this week’s recap: a rise in COVID-19 cases inspires turbulence in markets, tapping the brakes on economic recovery. Weekly Economic Update Presented by «RepresentativeName», 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 … Read More
Month: June 2020
Weekly Economic Update for June 22, 2020
In this week’s recap: as fears of economic shutdown diminish, the U.S. economy gains momentum. Weekly Economic Update Presented by «RepresentativeName», June 22, 2020 THE WEEK ON WALL STREET 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. … Read More
Weekly Economic Update for June 8, 2020
In this week’s recap: U.S. jobs report and a surging market build optimism for global economic recovery. Weekly Economic Update Presented by «RepresentativeName», 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 … Read More
Weekly Economic Update for June 1, 2020
In this week’s recap: solid gains following a short trading week; economic reopening inspires optimism. Weekly Economic Update Presented by «RepresentativeName», 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 … Read More