Dow Crests 28,000 as Retail Sales Rise

Weekly Market Sitrep: November 18, 2019 In this week’s sitrep: the Dow crests 28,000; more hints emerge that the U.S. and China could be heading toward a new trade pact; retail sales rise.   THE WEEK ON WALL STREET Stock benchmarks were little changed for much of last week, but a rally occurred Friday after…

Dow & S&P Extend Winning Streaks, U.S. Business Activity Improves

Weekly Market Sitrep: November 11, 2019 In this week’s sitrep: the Dow and S&P 500 extend their winning streaks, even with conflicting messages emerging about U.S.-China trade negotiations; a gauge of U.S. business activity improves.   THE WEEK ON WALL STREET Domestic and international stocks rose last week. Risk appetite outweighed concerns about the state…

Stocks at Record Highs as Fed Cuts Rates, Strong Job Market

Weekly Market Sitrep: November 4, 2019 In this week’s sitrep: stock indices again set records, the Fed makes its third rate cut of the year, October’s employment report is a nice surprise, and U.S. and Chinese trade negotiators make some progress.   THE WEEK ON WALL STREET A better-than-forecast jobs report prompted a stock market…