Weekly Market Notes for June 14th, 2021
THE MARKETS Stocks climbed slightly Friday. The S&P reached a new record, and the NASDAQ posted its fourthwinning week in a row as investors shook off a report showing the Consumer Price Index jumped 5percent in May from a year earlier. For the week, the Dow fell 0.78 percent to close at 34,479.60. TheS&P rose […]
Weekly Market Notes for June 7th, 2021
THE MARKETS Stocks rose Friday. The Labor Department’s May jobs report showed unemployment fell to a pandemic era low of 5.9 percent, and new job growth was stronger than April’s but short of expectations. The mixed news appeared to assure investors the Fed would retain its accommodating money policies. For the week, the Dow rose […]
Weekly Market Notes for June 1st, 2021
THE MARKETS Stocks climbed slightly Friday. Investors seemed to shake off a stronger-than-expected inflation readingand focus on encouraging employment data. New jobless claims fell to a new pandemic-era low. TheS&P and the Dow posted their fourth positive month in a row. For the week, the Dow rose 1.03 percentto close at 34,529.45. The S&P gained […]
Weekly Market Notes for May 24th, 2021
THE MARKETS Wall Street closed a volatile week with stocks mixed as investors balanced inflation concerns against strengthening economic recovery. On Thursday, the primary indices snapped a three-day losing streakafter a report showed the lowest number of new weekly jobless claims since the recession in 2020. Forthe week, the Dow fell 0.43 percent to close […]
