Economic Updates

Weekly Economic Update, May 25, 2020

May 27, 2020

Presented by Nisivoccia Wealth Advisors, May 25, 2020   THE WEEK ON WALL STREET Upbeat comments by the Federal Reserve Chairman and more signs of an economic turnaround combined to help fuel a powerful rally in the stock market last week. The Dow Jones Industrial Average rose 3.29%, while the Standard & Poor’s 500 advanced […]

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Weekly Economic Update, May 18, 2020

May 18, 2020

Presented by Nisivoccia Wealth Advisors, May 18, 2020   THE WEEK ON WALL STREET Stocks drifted lower last week, weighed down by Federal Reserve Chairman Jerome Powell’s unsettling comments on the economy and signs of renewed tensions with China. The Dow Jones Industrial Average fell 2.65%, while the Standard & Poor’s 500 retreated 2.26%. The […]

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Weekly Economic Update, May 11, 2020

May 11, 2020

Presented by Nisivoccia Wealth Advisors, May 11, 2020   THE WEEK ON WALL STREET Despite an historic downturn in employment, stocks managed to climb higher last week as investors were emboldened by the pace of economic re-openings here and abroad. The Dow Jones Industrial Average gained 2.56%, while the Standard & Poor’s 500 advanced 3.50%. […]

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Monthly Economic Update, May 2020

May 6, 2020

Presented by Nisivoccia Wealth Advisors, May 2020   U.S. Markets Stocks rebounded sharply in April, fueled by a flattening pandemic curve and positive results from a clinical trial investigating a treatment for COVID-19. The Dow Jones Industrial Average, which dropped 14% in March, jumped 11.08%. The Standard & Poor’s 500 Index rose 12.68%, and the […]

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Weekly Economic Update, May 4, 2020

May 5, 2020

Presented by Nisivoccia Wealth Advisors, May 4, 2020   THE WEEK ON WALL STREET Stock prices ended the week slightly lower, despite news of positive results from a test trial of a COVID-19 drug treatment and several states easing their economic lockdowns. The Dow Jones Industrial Average slipped 0.22%, while the Standard & Poor’s 500 […]

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