The Week on Wall Street Stock prices notched solid gains last week, looking past an increase in COVID-19 cases and any potential economic concerns raised by the trend. The Dow Jones Industrial Average increased by 0.96%, …
Special Update: Quarterly Report
The Week on Wall Street In a holiday-shortened week, stock prices turned higher as encouraging economic data outweighed an increase in COVID-19 cases and a rollback in economic re-openings. The Dow Jones Industrial Average …
Rise in Cases Inspires Turbulence
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 …
U.S. Banks Flush with $2 Trillion in Cash
An "eye-popping" $2 trillion in cash has been stashed in deposit accounts at U.S. banks since the COVID-19 pandemic first hit the country in January.[1] This surge of money into banks has no precedent in history. Several …
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U.S. Economy Gains Momentum
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. The Dow Jones Industrial Average …
The Rise of Real-Time Data
In economics, one might classify statistics that measure overall business activity as either leading indicators, lagging indicators, or coincident indicators. Leading indicators attempt to point toward a future activity while …
Markets React to Fed Report
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 …
Don’t Let the Headlines Get You Down
Despite June's warmer temperatures, the recent impact of COVID-19 can make the news feel a bit depressing. These days, it can seem like there's an awful lot to worry about. Here's a sampling of the types of headlines I've seen …