Stocks Stall Thanks to Tech; Jobs Recovery Continues

In this week’s sitrep: Stocks stall late in the week, thanks to tech markets slide. The jobs recovery makes continued progress.   THE WEEK ON WALL STREET A late week sell-off sent stocks broadly lower as investors took some profits after stocks reached all-time highs earlier in the week. The Dow Jones Industrial Average slid…

Stocks Power Higher as Dow Makes a Few Changes

In this week’s sitrep: Stocks power higher, while the Dow makes a few changes.   THE WEEK ON WALL STREET Stocks advanced relentlessly last week on positive COVID-19 developments, encouraging economic data, and a supportive policy shift in the Fed’s approach to its target inflation rate. The Dow Jones Industrial Average increased by 2.59%, while…

Stocks Erase Losses from February and March

In this week’s sitrep: Stocks reached new highs, erasing steep losses from February and March.   THE WEEK ON WALL STREET Stocks powered to another week of gains as the S&P 500 and Nasdaq Composite set multiple new record highs along the way. The Dow Jones Industrial Average was essentially unchanged while the Standard &…