In this week’s recap: Stocks reach all-time highs and the housing market showed significant improvement. Weekly Economic Update Presented by Rabenold Advisors, June 28, 2021 THE WEEK ON WALL STREET Stocks reached new all-time highs last week as markets staged a strong rebound from the previous week’s declines. The Dow Jones Industrial Average rose 3.44%, … Read More
In this week’s recap: The Fed signals interest rate hikes. Weekly Economic Update Presented by Rabenold Advisors, June 21, 2021 THE WEEK ON WALL STREET New messaging from the Federal Reserve on interest rates and inflation last week led to a broad retreat in stock prices. The Dow Jones Industrial Average dropped 3.45% while the … Read More
In this week’s recap: Stocks kept cool, even as inflation came in hot. Weekly Economic Update Presented by Rabenold Advisors, June 14, 2021 THE WEEK ON WALL STREET Stocks ended the week mixed as investors appeared to shrug off a hotter-than-expected inflation report. The Dow Jones Industrial Average slipped 0.80%, while the Standard & Poor’s … Read More
In this week’s recap: Positive labor numbers lead stocks to a modest gain. Weekly Economic Update Presented by Rabenold Advisors, June 7, 2021 THE WEEK ON WALL STREET A strong, but not too strong, employment report sparked a rally on the final day of trading, propelling stocks to a modest gain for the week. The … Read More
In this week’s recap: Upbeat feelings boost the stock market, with America reopening ahead of Memorial Day. Weekly Economic Update Presented by Rabenold Advisors, June 1, 2021 THE WEEK ON WALL STREET Optimism over the economic reopening and renewed enthusiasm for technology and other high-growth companies powered the stock market higher last week. The Dow … Read More