Weekly Economic Update

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Fears over inflation, supply shortages, and slowing economic growth in China were pushed aside last week as investors reacted to a daily succession of positive corporate earnings surprises.

Septembers Monthly Economic Update

Alexis DuffyMonthly Newsletter, Newsroom

In this month’s recap: Stocks rallied, fueled by an improving labor market, strong corporate earnings, and clarity on Fed tapering plans. Presented by The PensionmarkMeridien Team U.S. MARKETS Signs of an improving labor market, strong corporate earnings, and more clarity from the Fed on its tapering plans propelled stocks to multiple record highs during August.  The Dow Jones Industrial Average gained 1.22 percent while the Standard & Poor’s 500 Index … Read More

Weekly Economic Update

Alexis DuffyNewsroom

After a disappointing employment report, two labor market reports last week appeared to show that the labor market recovery appeared intact.

Weekly Economic Update

Alexis DuffyNewsroom

With a number of Regional Federal Reserve Bank presidents already supportive of tapering, investors may see more definitive steps coming out of next month’s FOMC (Federal Open Market Committee) meeting.  

Weekly Economic Update

Alexis DuffyNewsroom

In this week’s recap: A Fed taper may loom; economic data mixed. Presented by The PensionmarkMeridien Team THE WEEK ON WALL STREET Stocks turned lower last week amid the increasing probability of a Fed tapering, mixed economic data, and growing concerns about the economic impact of the Delta variant. The Dow Jones Industrial Average slumped 1.11%, while the Standard & Poor’s 500 lost 0.59%. The Nasdaq Composite index slipped 0.73%. … Read More

August’s Monthly Economic Update

Alexis DuffyMonthly Newsletter, Newsroom

In this month’s recap: Stocks notched a solid gain as investors looked past higher inflation and new COVID-19 cases. Presented by The PensionmarkMeridien Team U.S. MARKETS Last month, the stock market posted a solid gain, overcoming investors’ fears of higher inflation and an increase in COVID-19 cases.  The Dow Jones Industrial Average picked up 1.25 percent, while the Standard & Poor’s 500 Index gained 2.27 percent. The Nasdaq lagged, climbing … Read More