In this week’s recap: Markets overcome reaction to latest Delta variant news. Weekly Economic Update Presented by Rabenold Advisors, July 26, 2021 THE WEEK ON WALL STREET Overcoming a COVID-related economic growth scare, stocks moved higher amid a week of strong corporate earnings reports. The Dow Jones Industrial Average rose 1.08%, while the Standard & … Read More
In this week’s recap: Stocks retreat as inflation advances. Weekly Economic Update Presented by Rabenold Advisors, July 19, 2021 THE WEEK ON WALL STREET Despite a good start to earnings season and some solid economic data, worries of slower second-half economic growth led to a pullback in stock prices last week. The Dow Jones Industrial … Read More
In this week’s recap: Stocks edge higher in short week. Weekly Economic Update Presented by Rabenold Advisors, July 12, 2021 THE WEEK ON WALL STREET Stocks managed small gains as investors wrestled with concerns over economic growth prospects and a rise in COVID-19 infections. The Dow Jones Industrial Average picked up 0.24%, while the Standard … Read More
In this week’s recap: Employment reports and consumer confidence are up; stock market replies favorably. Weekly Economic Update Presented by Rabenold Advisors, July 5, 2021 THE WEEK ON WALL STREET Strong employment reports and rising consumer confidence sent the stock market broadly higher last week. The Dow Jones Industrial Average rose 1.02%, while the Standard … Read More